Business · Updated 28 Oct, 06:22 pm IST
Meesho Q2 loss narrows 68% as revenue rises 34% to ₹4,131.6 Cr
Why it matters for readers: Explains that Meesho is selling more, earning more from sellers, and avoided last year's unusual costs, which cut its loss.
- Consolidated net loss narrowed about 68% YoY to roughly ₹132.4–132.5 crore in Q2 FY27.12
- Operating revenue rose 34% YoY to ₹4,131.6 crore and total income including other income was ₹4,259 crore.1
- Net merchandise value grew 23% to ₹129.11 billion and orders increased 17% to 819 million in the quarter.2
- Total expenses increased 24% to ₹4,382.3 crore and the company’s new initiatives segment loss widened to ₹41.6 crore.1
- Meesho benefited from higher ad revenue from sellers and did not incur the exceptional charges it had in the prior year quarter.12
Get a brief like this every morning
Uzha reads hundreds of sources and gives you the stories that matter for your work, with every source linked. Free.
Get startedHow this story developed
28 Oct, 05:29 pm · Inc42
Meesho Q2: Loss Narrows 68% YoY To ₹132 Cr, Revenue Jumps 34%
28 Oct, 06:22 pm · ET Tech
Indian e-commerce player Meesho's quarterly loss shrinks on rising orders