Meesho Q2 Losses Narrow 68% to ₹132 Crore as Revenue Surges

29 Oct 2026, 8:00 am · 6h ago · 1 min read · Inc42

E-commerce major Meesho narrowed its consolidated net loss by 68% year-on-year to ₹132.4 crore in the second quarter of FY27, moving closer toward overall profitability. The company's operating revenue increased 34% year-on-year to ₹4,131.6 crore, while total expenses grew 24% to ₹4,382.3 crore during the same period. Core marketplace operations drove top-line growth, supported by rising transacting user numbers, higher order frequency, optimized logistics, and AI automation. Meanwhile, emerging bets including digital financial services, hyperlocal logistics, and Meesho Grocery saw widened losses, prompting a fresh ₹75 crore internal capital infusion into its grocery unit.