CONNECT WITH US
Funding Tracker

Funding Tracker

ShareChat parent crosses Rs 1,000 Cr revenue in FY26, posts Rs 672 Cr loss

Entrackr logo

Published on

Add as a preferred source on Google
ShareChat parent crosses Rs 1,000 Cr revenue in FY26, posts Rs 672 Cr loss

It has been around 11 years since ShareChat started building its business around India's vernacular internet audience. The company has often been projected as a potential rival to Meta in India, but it is yet to give any meaningful competition to the social media giant. While ShareChat continues to experiment with new formats and has recently entered the microdrama segment to keep up with the trend, the business is still struggling to move towards profitability.

We are decoding its annual results for FY26. After two years of moderate growth in FY24 and FY25, ShareChat's revenue from operations grew 40.5% to Rs 1,016 crore in FY26 from Rs 723 crore in FY25.

Its parent company, Mohalla Tech, operates a vernacular social media and digital entertainment business through platforms such as ShareChat, Moj and QuickTV, targeting regional-language audiences in India.

Revenue from ShareChat's chatroom feature, where users can interact through video calls, accounted for 46% of its total operating revenue. This segment grew 8.8% to Rs 471 crore in FY26. Meanwhile, advertising revenue declined 13% to Rs 252 crore during the year.

On the other hand, QuickTV contributed Rs 293 crore in subscription revenue in FY26. Unlike advertising revenue, subscription revenue is recognised over the subscription period. The company also added Rs 89 crore through the reversal of provisions for doubtful assets, taking its total income to Rs 1,105 crore.

7X to Rs 335 crore in FY26 from Rs 43 crore in FY25. Following layoffs over the past year, employee benefit expenses declined 16% to Rs 220 crore.


Source link
Related Topics:Funding Tracker

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.