Meesho Q2 Loss Narrows 68% to About Rs 132 Crore
Meesho's revenue from operations rose about 34% to Rs 4,131.58 crore in the September 2026 quarter.
Key Takeaways
- Meesho's Q2 FY27 net loss was Rs 132.45 crore, against Rs 411.36 crore a year earlier.
- The loss fell about 68% year on year.
- Revenue from operations was Rs 4,131.58 crore, up about 34% year on year and about 11% quarter on quarter.
- The loss was almost unchanged from about Rs 132.8 crore in the June quarter.
- The six-month net loss to September 2026 was Rs 265.28 crore.
Meesho reported a consolidated net loss of about Rs 132 crore for the September 2026 quarter (Q2 FY27), down about 68% from Rs 411.36 crore in the same quarter a year earlier. Its revenue from operations rose about 34% to Rs 4,131.58 crore.
The loss was almost unchanged from the June quarter, when Meesho reported a net loss of about Rs 132.8 crore. Revenue from operations grew about 11% from Rs 3,712.81 crore in that quarter.
Meesho Q2 FY27 at a glance
| Detail | Value |
|---|---|
| Quarter | July to September 2026 (Q2 FY27) |
| Consolidated net loss | Rs 132.45 crore |
| Net loss in Q2 FY26 | Rs 411.36 crore |
| Fall in net loss, year on year | About 68% |
| Revenue from operations | Rs 4,131.58 crore |
| Revenue from operations in Q2 FY26 | Rs 3,073.67 crore |
| Revenue growth, year on year | About 34% |
| Revenue growth, quarter on quarter | About 11% |
| Total income | About Rs 4,259 crore |
| Total expenses | About Rs 4,382 crore |
How Meesho's loss and revenue moved across three quarters
Meesho is an Indian online marketplace that reports its results to the stock exchanges. Its loss for the quarter was close to the loss in the quarter before, while its revenue from operations was higher than in both the previous quarter and the same quarter last year.
| Quarter | Revenue from operations | Consolidated net loss |
|---|---|---|
| Q2 FY26 (September 2025) | Rs 3,073.67 crore | Rs 411.36 crore |
| Q1 FY27 (June 2026) | Rs 3,712.81 crore | About Rs 132.8 crore |
| Q2 FY27 (September 2026) | Rs 4,131.58 crore | Rs 132.45 crore |
Meesho's six-month loss to September 2026
For the six months ended September 30, 2026, Meesho reported a consolidated net loss of Rs 265.28 crore. That is the sum of the roughly equal losses in its first two quarters of FY27.
Where Meesho stands after Q2 FY27
Meesho's net loss for the September 2026 quarter was Rs 132.45 crore against Rs 411.36 crore a year earlier. Its revenue from operations was Rs 4,131.58 crore, compared with Rs 3,073.67 crore in Q2 FY26. The company reported total income of about Rs 4,259 crore and total expenses of about Rs 4,382 crore for the quarter.
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