{
  "id": 19437486,
  "title": "ShareChat’s FY26 Snapshot, MakeMyTrip’s IPO & More",
  "url": "https://urgent.news/2026/11/11/sharechats-fy26-snapshot-makemytrips-ipo-more",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-11T02:30:12.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/sharechats-fy26-snapshot-makemytrips-ipo-more/"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "Inside ShareChat’s Mixed FY26 ShareChat parent Mohalla Tech delivered some hits and some misses in FY26. While the homegrown social…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}