India, Nov. 10 -- Mohalla Tech, the parent of social media platforms ShareChat and Moj, reported a 78.5% YoY increase in its consolidated net loss to Rs.1,978.4 Cr in the financial year ended March 2026 (FY26), weighed down by higher share-based payment expenses, foreign exchange losses and finance costs.

The loss for the fiscal year widened despite a 40.4% jump in operating revenue to Rs.1,016.3 Cr from Rs.723.4 Cr in FY25.

Further, the startup also reported an improvement in its operating performance. ShareChat's management claims that it managed to narrow its FY26 EBITDA loss by 58% YoY to Rs.91 Cr and recorded its first EBITDA positive quarter in Q1 FY27.

The company reported an EBITDA profit of Rs.9.5 Cr and a margin of 0.3% in th...