Meesho reports that its consolidated net loss in the September quarter (Q2 FY27) narrows year-on-year to about ₹132.45 crore, while revenue from operations rises 34%. The company says the loss is broadly flat sequentially versus the June quarter, with EBITDA loss remaining in the low-to-mid ₹200 crore range. Revenue grows to ₹4,131.58 crore, up from ₹3,073.67 crore in the year-ago quarter, though total expenses also rise.
Outlets highlight that Meesho’s operating metrics improve during the quarter, including growth in annual transacting users, purchase frequency, and placed orders. Several figures are reported: annual transacting users reach 284 million (up 21% YoY), purchase frequency rises to 10.4 (up 7%), and placed orders increase to 819 million (up 17%). Meesho also attributes some performance timing effects to its Mega Blockbuster Sale shifting into Q3 this fiscal year, potentially softening the September-quarter year-on-year comparison.
One outlet also adds corporate details beyond results, including a board appointment of an independent director and plans to invest in its subsidiary focused on commercialising AI technologies. It also mentions an earlier acquisition agreement and income tax developments affecting a prior period.
