Meesho narrows loss by 68% while revenue rises 34% in Q2 of FY27
Meesho reported significant improvements in financial performance for Q2 FY27, with net losses declining to Rs 132.44 crore from Rs 411.36 crore year-ago, while revenues rose to Rs 4,131.58 crore from Rs 3,073.67 crore. The platform expanded its annual transacting user base to 284 million with purchase frequency increasing to 10.4 transactions per user. The company also grew its seller base to 1.13 million annually and expanded its Content Commerce ecosystem to over 4 lakh creators.
Key points
- Net losses fell 68% YoY to Rs 132.44 crore
- Revenue grew 34% YoY to Rs 4,131.58 crore
- Annual users reached 284 million; sellers grew 60% YoY to 1.13 million
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