Mohalla Tech, the parent of social media platforms ShareChat and Moj, reported a 78.5% YoY increase in its consolidated net loss to ₹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 ₹1,016.3 Cr from ₹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 ₹91 Cr and recorded its first EBITDA positive quarter in Q1 FY27. 

The company reported an EBITDA profit of ₹9.5 Cr and a margin of 0.3% in the June quarter. Its EBITDA margin improved to over 2% in Q2 FY27, the management claimed.

The startup’s management said its FY26 top line growth was led by the launch of QuickTV, its subscription-based microdrama platform launched in February 2025.

The subscription vertical, which accounts for subscriptions from both Quick TV and Moj (Moj+ and Moj Blue), raked in a revenue of ₹292.7 Cr in the fiscal, accounting for almost 30% of the top line in the fiscal.

Mohalla Tech had counted advertising and livestreaming as its two major pillars for revenue generation since its inception over a decade ago. In the previous fiscal year, it aggressively expanded into monetising the content on its platform amid a growing fervour for microdramas in the Indian content landscape.

Hailed as the “ next phase of evolution for the entertainment industry “, Microdrama adoption picked pace in the Indian market early in FY26.

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