Meesho Q2 Net Loss Drops 68% to ₹132.5 Crore, Revenue Up 34%

28 Oct 2026, 5:29 pm · 4h ago · 1 min read · Inc42

E-commerce major Meesho reported a 68% year-on-year drop in its consolidated net loss to ₹132.5 crore for the September quarter of FY27, down from ₹411.4 crore in the year-ago period. Operating revenue surged 34% year-on-year and 11% sequentially to reach ₹4,131.6 crore, driven by robust top-line growth outperforming expenses. Total income reached ₹4,259 crore, up 31% from ₹3,254.9 crore. Total expenses rose 24% to ₹4,382.3 crore. The sharp loss reduction was aided by the absence of one-off exceptional charges, such as previous business combination and tax costs.