Meesho halves Q1 FY27 loss as revenue climbs 48% to ₹3,713 crore

Meesho reported a Q1 FY27 net loss of ₹132.8 crore, down from ₹289.3 crore a year earlier, as stronger order volumes, lower cancellations and logistics efficiencies lifted unit economics. The marketplace plans to step up customer-acquisition spending ahead of the festive season.

— Filed Thu, 23 Jul, 2026, 22:03 IST · Source The Hindu BusinessLine · Updated

Meesho nearly halved Q1 FY27 losses as revenue rose 48.3% to ₹3,713 crore. Higher users, orders, lower cancellations and logistics efficiencies improved unit economics; it will increase customer-acquisition spending ahead of the festive season.

Why this matters

The result follows Meesho's ₹202 crore all-cash acquisition of Kirana Club and separate live coverage that described its Q1 FY27 results as mixed.

Retail-company signals are accelerating, up 1,056,900% QoQ.