The Indian social media platform ShareChat's net loss spiked to roughly over 40 billion Indian rupees in financial year 2023. The platform's consecutive losses over the past two years were attributed to increasing expenses and quick cash burn. ShareChat is an Indic language social media platform owned by Mohalla Tech Private Limited, a Google-backed Indian startup.
Profit after tax of ShareChat from fiscal year 2021 to 2023
(in billion Indian rupees)
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Inc42. (November 21, 2023). Profit after tax of ShareChat from fiscal year 2021 to 2023 (in billion Indian rupees) [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1425887/sharechat-profit-after-tax/
Inc42. "Profit after tax of ShareChat from fiscal year 2021 to 2023 (in billion Indian rupees)." Chart. November 21, 2023. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1425887/sharechat-profit-after-tax/
Inc42. (2023). Profit after tax of ShareChat from fiscal year 2021 to 2023 (in billion Indian rupees). Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1425887/sharechat-profit-after-tax/
Inc42. "Profit after Tax of Sharechat from Fiscal Year 2021 to 2023 (in Billion Indian Rupees)." Statista, Statista Inc., 21 Nov 2023, https://www.statista.com/statistics/1425887/sharechat-profit-after-tax/
Inc42, Profit after tax of ShareChat from fiscal year 2021 to 2023 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1425887/sharechat-profit-after-tax/ (last visited November 09, 2024)
Profit after tax of ShareChat from fiscal year 2021 to 2023 (in billion Indian rupees) [Graph], Inc42, November 21, 2023. [Online]. Available: https://www.statista.com/statistics/1425887/sharechat-profit-after-tax/