Meesho halves Q1 FY27 loss as revenue rises 48% to Rs 3,713 crore
Meesho reported a Q1 FY27 net loss of Rs 132.8 crore, down from Rs 289.3 crore a year earlier. Net merchandise value rose 34% to Rs 11,614 crore, while annual transacting users reached 274 million.
Meesho nearly halved its Q1 FY27 loss to Rs 132.8 crore as revenue rose 48.3% to Rs 3,713 crore. NMV reached Rs 11,614 crore, supported by lower cancellations, higher user engagement and 725 million placed orders.
Why this matters
The results follow Meesho's recent Q1 FY27 update on 48.3% revenue growth and a planned Rs 75 crore grocery infusion, alongside its expansion of Chorus into an agentic AI assistant for sellers.
retail-company is accelerating, up 1,053,700% QoQ.
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