Meesho’s Q1 revenue jumps 48%; brokers flag softer Q2 before festive rebound
Meesho reported Q1FY27 revenue of Rs 3,713 crore and narrowed its net loss to Rs 132.8 crore as users, orders and margins improved. Analysts expect Q2 NMV growth to moderate amid festive customer-acquisition spending, with stronger momentum anticipated in Q3 and the second half.
Meesho’s Q1FY27 revenue rose 48% and loss nearly halved, supported by stronger margins and user growth. Brokerages expect Q2 softness from festive acquisition spending and altered seasonality, before a likely Q3 rebound; Meesho also committed Rs 75 crore to grocery.
Why this matters
The results follow Meesho’s planned ₹5,421 crore IPO for cloud, AI and brand investment and its value-commerce leadership signal, while Q2 spending tests the path to stronger festive growth.
Retail-company signals are accelerating, up 1,066,500% QoQ.