Nithya Rajagopal 💖💫🐶🐾

The last few years have been about making some hard choices, often prioritising sustainability over short-term growth. We asked a lot from our teams along the way, but held on to our belief in building a business that could serve India’s internet users for the long term. FY26 was when we began seeing the results of those hard choices, and H1 FY27 has made the journey even more special. In FY26, we grew our revenue 40% year-on-year to ₹1,016 crore, while narrowing our adjusted EBITDA losses by 58% to ₹91 crore. Growth has accelerated further in FY27, with our annualised revenue run-rate crossing ₹1,500 crore by the end of H1. Most importantly, those years of hard work are now translating into profitability. We've recorded four consecutive quarters of positive cash flow and two consecutive EBITDA-positive quarters. Our growth is now fully funded by the business itself, and we're on track to deliver our first EBITDA-positive year in FY27, with nearly ₹25 crore in projected EBITDA. Micro dramas, our big bet from early 2025, have become a major growth engine. Daily consumption has grown 6.5x in the last 12 months to over a billion episodes across our family of apps. Our subscription business continues to grow strongly, while our advertising business is also gaining momentum, growing 40% year-on-year in Q2 FY27. None of this would have been possible without the 200 million-strong user community across our family of apps, whose engagement and trust continue to drive us forward. Proud of our team for getting us here, grateful to our community & partners for believing in us, and excited to keep building for the decade ahead. 🇮🇳