Meesho posts Rs4,132 Cr revenue in Q2 FY27; narrows losses by 68%

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DR. ZEESHAN FATIMA ASLAM

November 4, 202663 kali dilihat
Meesho posts Rs4,132 Cr revenue in Q2 FY27; narrows losses by 68%

E-commerce marketplace Meesho has released its financial results for 2nd quarter year ending of march 2027. The company reported a 34% increased reveanue in one year, while it losses were by 68% to Rs 132 Cr during the same period.

The company's revenue from operations increased by 34.4% from Rs 3,074 crore inn Q2 FY26 to Rs 4,132 Cr in Q2 FY27. this shows strong buisness growth, but higher revenue does not mean company is profitable.

Meesho did not share how much revenue was generated from each part of business. It earned 127Cr from other income, taking its total income to Rs 4,259 Cr in Q2 FY27. Compared to Q1FY27, Meesho's operating revenue increased by 11%. from Rs 3713 Cr to 4,132Cr.

Meesho also did not disclose its expenses in quarterly financial statments. It reported strong revenue growth and reduced its losses in second quater.( july- september).

The revenue increased by 34% to Rs 4,132Cr, compared to Rs 3,074 Cr in same quater last year.Total income Meesho earned an additional Rs 127Cr from other sources, taking its total income to Rs 4,259 Cr.

Revenue increased by 11% compared to previous quater (Q1 FY27), when it was Rs 3540 Cr. Total expenses increased by 24% to Rs 3,540 Cr last year. The company's market place EBITDA loss of Rs 130 crore, while its new initiatives buisness lost Rs 42 crore.

Meesho reduced its overall net loss by 68%, from Rs 411 Cr to Rs132 Cr. Early investors such as peak XV Patners, Elevated capital and Y combinator sold some of their shares in meesho. Meesho's share price closed at Rs 227.84, giving the company a markey value of approximately Rs 1.05 lakh crore.

 

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Tentang DR. ZEESHAN FATIMA ASLAM

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