ShareChat’s FY26 Snapshot, MakeMyTrip’s IPO & More
Inside ShareChat’s Mixed FY26 ShareChat parent Mohalla Tech delivered some hits and some misses in FY26. While the homegrown social…
ShareChat’s FY26 financials revealed mixed results for Mohalla Tech, the parent company. Operating revenue grew 40.4% year-over-year to ₹1,016.3 Cr, but the net loss more than doubled to ₹1,978.4 Cr. Total expenses surged 65.6% YoY to ₹3,083 Cr. Employee benefits costs and forex losses were significant contributors to the widening losses.
However, the launch of QuickTV microdramas provided a new revenue stream, accounting for nearly a third of the total income. Despite the losses, Mohalla Tech managed to post its first EBITDA-positive quarter in Q1 FY27, signaling progress towards profitability. The startup aims to achieve an EBITDA profit of ₹25 Cr in FY27, with advertising expected to rebound strongly.
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