ShareChat parent narrows FY25 Ebitda loss by 72%, bets big on micro dramas

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Mohalla Tech, the parent company of social media platform ShareChat and short video app Moj, reported a marginal rise in revenue in FY25, even as it reduced its adjusted Ebitda (earnings before interest, taxes, depreciation, and amortisation) losses by 72% year-on-year (YoY) to Rs 219 crore.

Operating revenue for the fiscal year stood at Rs 723 crore, up slightly from Rs 718 crore in the previous year. The company said its core social media business turned cash-flow positive during the year, even as new investments dragged down overall…



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ShareChat parent narrows FY25 Ebitda loss by 72%, bets big on micro dramas



Mohalla Tech, the parent company of social media platform ShareChat and short video app Moj, reported a marginal rise in revenue in FY25, even as it reduced its adjusted Ebitda (earnings before interest, taxes, depreciation, and amortisation) losses by 72% year-on-year (YoY) to Rs 219 crore.

Operating revenue for the fiscal year stood at Rs 723 crore, up slightly from Rs 718 crore in the previous year. The company said its core social media business turned cash-flow positive during the year, even as new investments dragged down overall…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.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.

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