Tech
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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