ShareChat’s adjusted Ebitda losses fall 67% to Rs 793 crore in FY24

ShareChat, the largest homegrown social media company, reported a 33 per cent year-on-year growth in revenue, reaching Rs 718 crore, up from Rs 540 crore in FY23. ShareChat also made significant strides in reducing losses as adjusted Ebitda losses fell by 67 per cent from Rs 2,400 crore in FY23 to Rs 793 crore in FY24.