ShareChat's FY26 Snapshot, MakeMyTrip's IPO & More
India, Nov. 11 -- Inside ShareChat's Mixed FY26
ShareChat parent Mohalla Tech delivered some hits and some misses in FY26. While the homegrown social media giant crossed the Rs.1,000 Cr revenue mark and found a new growth engine in microdramas, what played the spoilsport were losses and surging expenses.
Here is a quick look at Mohalla Tech's FY26 numbers:
Operating revenue zoomed 40.4% YoY to Rs.1,016.3 Cr
Net loss widened 78.5% YoY to Rs.1,978.4 Cr
Total expenses surged 65.6% YoY to Rs.3,083 Cr
Loss Widens: Mohalla Tech's FY26 losses were largely driven by rising expenses. Employee benefit costs more than doubled YoY in the fiscal under review, while forex losses also surged following Rupee's depreciation. Meanwhile, marketing and...
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