Meesho Q2: Loss Narrows 68% YoY To ₹132 Cr, Revenue Jumps 34%

In Meesho's Q2 FY27 report, the company's consolidated net loss narrowed by 68% year-over-year to ₹132.5 Cr, down from ₹411.4 Cr in the same quarter last year. This decline was primarily due to a decrease in expenses, despite an overall increase in operating revenue, which grew by 34% YoY and 11% QoQ to ₹4,131.6 Cr. The total income in Q2 FY27 was ₹4,259 Cr, an increase of 31% compared to the previous year's ₹3,254.9 Cr.

Net loss remained largely unchanged, at ₹132.8 Cr in the June quarter. The reduction in losses was attributed to the absence of exceptional expenses, such as a business combination and vendor dispute settlement, which were incurred in Q2 FY26. These expenses totaled ₹109.7 Cr, including a ₹64.4 Cr tax charge. In Q2 FY27, total expenses rose 24% to ₹4,382.3 Cr from ₹3,540.4 Cr in the previous quarter.