Meesho narrows Q1 FY27 loss to ₹133 crore as revenue rises 48% and NMV grows 34%

Meesho’s Q1 FY27 revenue from operations rose to ₹3,712.8 crore while net loss narrowed from ₹289.4 crore a year earlier. User, order and seller growth, alongside stronger Meesho Mall and content commerce traction, supported improved unit economics.

— Filed Thu, 23 Jul, 2026, 22:33 IST · Source CNBC-TV18 · Companies · Updated

Meesho narrowed its Q1 FY27 loss as revenue rose 48% and NMV grew 34%, aided by lower cancellations, logistics efficiencies and monetisation. Users, orders and sellers expanded, while Meesho Mall and content commerce accelerated; cash stood at ₹6,521 crore.

Why this matters

Meesho’s narrower Q1 loss builds on recent reports of revenue growth and follows its ₹202 crore all-cash acquisition of Kirana Club, while Businessline’s Q1 coverage highlighted a mixed operating picture.

Retail-company signals are accelerating, up 1,057,300% QoQ.