Finance
Kuku Technologies, the parent company of Kuku FM and Kuku TV, reported a sharp turnaround in FY26, posting a net profit of ₹182.7 Cr compared with a ₹152.6 Cr loss in FY25. EBITDA also turned positive at ₹82.9 Cr, against a ₹159.8 Cr loss a year earlier.
Subscriptions remained the company’s primary revenue driver, contributing ₹1,475.4 Cr, or more than 99% of operating revenue. However, total expenses rose 3.5X to ₹1,421.8 Cr, driven largely by a nearly 4X increase in marketing and advertising expenditure to ₹1,105.1 Cr.
The turnaround comes as Kuku Technologies prepares for its proposed IPO following SEBI approval. The company is reportedly targeting a ₹2,500–3,500 Cr issue, with plans to invest in technology, AI infrastructure, content production and geographic expansion.
Why It Matters
Kuku Technologies’ shift from losses to profitability, alongside strong revenue growth, positions the company for its next phase of expansion as it moves towards a potential public listing.
