Startups

ShareChat parent crosses ₹1,000 crore in revenue as microdrama app QuickTV takes off

Mohalla Tech's FY26 revenue grew about 40%, and it says it turned EBITDA-positive in the June quarter.

accha? daily · 11 November 2026 · 1 min read

In short

₹1,016 crFY26 revenue

Revenue: ₹1,016 crore (+40%)
QuickTV & subscriptions: ~₹293 crore
ESOP cost: ₹739 crore

The results

Mohalla Tech, which runs ShareChat and Moj, made ₹1,016 crore in operating revenue in FY26, up about 40% from ₹723 crore. Livestreaming brought in about ₹472 crore and subscriptions about ₹293 crore, mostly from QuickTV, its microdrama app. Ad revenue fell 13% to about ₹252 crore after real-money gaming advertisers pulled back.

The loss question

Reports differ on the bottom line. Inc42 puts the consolidated loss at ₹1,978 crore, citing large non-cash costs such as ₹739 crore of ESOP expenses and unrealised forex losses, while Entrackr reports a ₹672 crore loss. The company says it posted its first EBITDA-positive quarter in April–June 2026 and is targeting about ₹25 crore of EBITDA profit this year.

Read the original reporting

Inc42↗Entrackr↗

ShareChat parent crosses ₹1,000 crore in revenue as microdrama app QuickTV takes off

The results

The loss question

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