India, Oct. 17 -- Social media unicorn ShareChat's parent Mohalla Tech Pvt Ltd said it trimmed its adjusted EBITDA loss by 72% to INR 219 Cr in FY25 from INR 793 Cr in the previous fiscal on the back of cost-cutting measures.
Meanwhile, the startup's operating revenue grew marginally to INR 723 Cr in FY25 from INR 718 Cr in FY24.
"On the revenue front, this was the last leg of our profitability journey and we focussed on getting the unit economics to positivity first. So we traded off revenue growth for FY25," ShareChat cofounder and CFO Manohar Charan said in a media briefing.
Charan said that the startup expects its revenue to grow 30% YoY in the ongoing financial year. He said that its ARR stood at INR 1,000 Cr at the end of the fir...
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