Kuku Technologies Limited, the parent company of audio OTT platform Kuku FM and microdrama app Kuku TV, reported a net profit of ₹182.7 crore in FY26, reversing a net loss of ₹152.6 crore in FY25. The company’s operating revenue surged over six times to ₹1,484.2 crore in FY26 from ₹241.6 crore the previous fiscal, according to inc42.com. This profitability milestone comes as Kuku Technologies prepares for its initial public offering (IPO).
The company’s revenue growth was primarily driven by subscriptions, which accounted for over 99% of its operating revenue at ₹1,475.4 crore. Pay-per-piece content purchases contributed ₹6.9 crore, while advertising brought in ₹1.9 crore. India remained the dominant market, generating ₹1,463.6 crore or roughly 99% of operating revenue, with international markets contributing ₹20.5 crore. The profitability was supported by a deferred tax credit of ₹98.2 crore and a tax expense of ₹4 crore. EBITDA swung to a profit of ₹82.9 crore from a loss of ₹159.8 crore in FY25.
Kuku Technologies’ financial turnaround is significant in the competitive audio OTT and microdrama space, where many startups struggle to achieve profitability. The company’s sixfold revenue growth and positive EBITDA mark a key milestone ahead of its IPO filing with SEBI earlier this year. Subscription-led revenue dominance reflects strong user engagement and monetization, positioning Kuku Technologies among notable players in India’s digital audio content market.
The company filed its confidential draft red herring prospectus (DRHP) with SEBI in 2026 as it moves closer to its IPO. Total income for FY26, including other income of ₹26.2 crore, stood at ₹1,510.4 crore, underscoring the scale of its business growth ahead of the public listing.