Business & FinanceTop StoryTop StoryLatest News
Meesho Q2 Net Loss Narrows 68% to ₹132 Crore as Revenue Rises 34%
Sentiment: NeutralHigh Priority
What Happened?
Meesho reported a 68% year-on-year decline in net loss to ₹132.4 crore for Q2 FY27, down from ₹411.4 crore last year. Revenue rose 34% to ₹4,131.6 crore.
Key points
- Net loss decreased to ₹132.4 crore from ₹411.4 crore year-on-year.
- Revenue from operations increased to ₹4,131.6 crore, up 34% year-on-year.
- Orders on the platform rose 17% year-on-year to 819 million.
- Net merchandise value (NMV) increased 23% year-on-year to ₹12,911 crore.
- Annual transacting users grew 21% year-on-year to 284 million.
Key insights
- Meesho's revenue growth reflects increasing consumer demand in the e-commerce sector.
- The rise in annual transacting users suggests a strengthening customer base.
- Improved logistics and monetization strategies are enhancing platform economics.
Why it matters
The financial performance indicates Meesho's growing market presence and consumer engagement.
Entities
Meesho· CompanyBengaluru· City
Source
Business Standard
