Meesho revenue rises 48% in Q1 as net loss halves; ₹75 crore grocery infusion planned
Meesho reported Q1 FY27 revenue of ₹3,713 crore, up 48.3% year on year, while consolidated net loss narrowed to ₹132.8 crore from ₹289.3 crore. Its EBITDA loss also contracted, and the company plans to invest ₹75 crore in Meesho Groceries.
Indian e-commerce platform Meesho halved its Q1 FY27 net loss as revenue rose 48.3% to Rs 3,713 crore. EBITDA losses also narrowed, while the company announced a Rs 75 crore investment in its Meesho Groceries arm.
Why this matters
Meesho’s Q1 FY27 result extends recent signals that flagged 48% revenue growth and a 54% loss reduction, while adding detail on a planned ₹75 crore grocery investment ahead of its ₹5,421 crore IPO push.
The retail-company theme is accelerating, up 1,046,700% quarter on quarter.