Meesho narrows loss by 68% while revenue rises 34% in Q2 of FY27
Indian ecommerce platform Meesho cut net losses by 68% while growing revenue 34% YoY in Q2 FY27, reaching 284 million annual transacting users.
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Indian ecommerce platform Meesho cut net losses by 68% while growing revenue 34% YoY in Q2 FY27, reaching 284 million annual transacting users.
Online astrology platform Astrotalk reported a 895% surge in consolidated net profit to ₹222 Cr in FY26, with operating revenue rising 55% to ₹1,823 Cr, driven by international expansion and e-commerce growth.
JP Morgan's report validates Paytm's merchant-focused strategy and cost discipline, crediting these factors for achieving EBIT breakeven.
Indian EV maker Ather Energy posted its first profitable quarter in Q2 FY27 with ₹1.3 Cr net profit, while planning ₹122 Cr in manufacturing capacity investments.
Paytm reported a tenfold rise in net profit to Rs 225 crore in Q2 FY27, with 28% revenue growth driven by financial services and AI-powered optimizations across operations.
Ather Energy turned profitable in Q2, while Sahamati deferred implementing a new fee model in this week's tech roundup.
MakeMyTrip returned to profit in Q2 FY27 with $1.8M net income on $235.2M revenue, boosted by diversified bookings and its Myra AI agent platform.
Ather Energy returned to profitability in Q2 FY27 with Rs 1.26 crore consolidated net profit, reversing losses from the prior year as revenue and sales volumes grew significantly.
Swiggy's Q2 FY27 results reveal a widening gap between its profitable food-delivery business and mounting losses at Instamart, with the stock falling 15% after disappointing investor expectations.
Analysis of Blinkit and Swiggy's Instamart financial performance reveals a significant profitability gap: Blinkit achieved Rs 184 crore profit while Instamart lost Rs 895 crore in the September 2026 quarter.
Swiggy reported mixed Q2 FY27 results with record food delivery profitability but widening losses in its Instamart quick commerce division, which is transitioning to an inventory-led model.
Swiggy narrowed net losses 16% to Rs 922 crore in Q2 FY27 while revenue jumped 36%, with Instamart quick-commerce growing 31% year-on-year.
Indian startup ecosystem tracker reveals FY26 saw 22 new IPOs versus 13 in FY25, with 65 of 102 tracked companies reporting profits totaling ₹14,511.8 Cr despite ₹30,950.8 Cr losses from unprofitable firms.
FirstCry, India's listed kidswear retailer, achieved strong revenue growth and narrowed losses in Q1 FY27, but faces structural challenges from its diverse business arms and heavy corporate overhead.