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InShorts posts flat revenue in FY24, net loss falls 26% to Rs 228 crore

  • Online news aggregator InShorts reported flat year-on-year revenue growth during FY24, while managing to narrow its losses.
  • The company posted Rs 181 crore in operating revenue for the fiscal 2024 — nearly as much as it did in FY23.
  • Its net loss fell 26% on year to Rs 228 crore, thanks to reduced advertising and promotional expenses.
  • InShorts' finance costs increased to Rs 82 crore during FY24, while long-term borrowings stood at Rs 842 crore.

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