Meesho’s Q1 revenue rises 48% as losses halve; ₹75 Cr more earmarked for grocery
Meesho reported Q1 FY27 operating revenue of ₹3,707 Cr, up 48% year on year, while consolidated net loss narrowed 54% to ₹132.8 Cr. The marketplace also approved a further ₹75 Cr investment in its grocery arm ahead of the festive-sales period.
Meesho narrowed Q1 FY27 losses as revenue, marketplace monetisation and logistics efficiency improved, while approving ₹75 Cr for grocery. VAHDAM is prioritising India growth, and Swiggy seeks Indian-owned status to let Instamart adopt an inventory-led model.
Why this matters
The results extend Meesho’s recent pattern: it reported Q1 revenue up 48% while funding grocery expansion, and narrowed losses as NMV rose 34%, even as shares slid 6%. The company has also emphasized its reseller-led model for unorganised retail.
Retail-company signals are accelerating, up 1,076,000% QoQ.
Also reported by
- Inc42 · Buzz — Same time