Homegrown social media platform ShareChat’s mum or dad agency Mohalla Tech‘s consolidated loss narrowed to Rs 1,897.63 crore in FY2024, in line with the corporate’s monetary report shared by Tofler. The corporate posted a lack of Rs 5,143.42 crore within the monetary 12 months 2023 on a consolidated foundation. Its complete earnings elevated by about 4% to Rs 747.08 crore within the monetary 12 months 2024 from Rs 718.75 crore in FY23.
On a standalone foundation, Mohalla Tech’s loss narrowed to Rs 1,763.65 crore in FY24 from Rs 4,064.31 crore in FY23.
Its standalone revenue from operations elevated by about 33% to Rs 718.1 crore in FY24 from Rs 540.21 crore in FY23.
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The corporate’s standalone bills additionally dropped by about 46% to Rs 2,511.69 crore from Rs 4,693.16 crore on a year-over-year foundation.
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