ShareChat FY26 revenue rises 40% to ₹1,016 crore as microdramas boost growth

ShareChat parent Mohalla Tech reported operating revenue of ₹1,016 crore in FY26, up 40% year-on-year, as its push into microdramas helped revive topline growth after several years of slower expansion.

A key contributor was QuickTV, ShareChat’s microdrama business, which generated ₹293 crore in revenue in its first full year of operations, according to Fortune India. The company has been expanding into short-form episodic entertainment as mobile-first video formats gain traction.

Despite the revenue growth, losses remained substantial. ShareChat’s loss before tax widened to ₹1,978 crore in FY26 from ₹1,105 crore a year earlier, largely due to accounting expenses related to convertible debt instruments, foreign-exchange losses and employee stock options, CFO Manohar Singh Charan told The Economic Times.

The underlying operating picture, however, has improved. ShareChat turned EBITDA positive in the first quarter of FY27, while its annualised revenue run-rate has crossed ₹1,500 crore. The company is now targeting FY27 as its first profitable year.

ShareChat operates its eponymous regional-language social platform, short-video app Moj and microdrama service QuickTV. The addition of microdramas gives the company another monetisation engine beyond advertising on its core social and video platforms.

For the media and advertising industry, the most significant development is the speed at which microdramas have become a meaningful revenue stream. QuickTV already accounts for the equivalent of nearly 29% of FY26 operating revenue, underscoring how aggressively Indian digital platforms are moving beyond conventional social feeds into paid and monetised short-form entertainment.

That shift also puts ShareChat into the same broader mobile-first entertainment race attracting fresh capital from global media companies and investors, as microdramas evolve from an experimental format into a more established content and advertising category.