On this page

Meesho revenue rises 48% in Q1 as it funds grocery expansion

Meesho reported 48.3% Q1 FY27 revenue growth to Rs 3,713 crore while halving its net loss to Rs 132.8 crore. It approved a Rs 75 crore infusion into Meesho Groceries to expand operations, despite its shares falling over 6%.

Newer report on another story , , Inc42 : Meesho faces FIR over alleged sale of toxic pesticide linked to minor’s death

Read next

  1. Meesho targets 10 lakh seasonal jobs for festive demand surge, , The Hindu BusinessLine
  2. Meesho hits 3-month high as June-quarter revenue rises 48%, , Mint

07:30 IST · 10 moves · what each means · free

Reported figures

From the report. Source details below

Q1 FY27 net loss: Rs 132.8 crore, versus Rs 289.3 crore loss a year earlier
Revenue: Rs 3,713 crore, up 48.3% from Rs 2,504 crore
EBITDA loss: Rs 224.7 crore, versus Rs 264.4 crore loss in Q1 FY26
NMV: Rs 11,614 crore, up 34% year-on-year
Marketplace revenue: Rs 3,707 crore, up 48%
Contribution margin: 4.6% of NMV, up 54 basis points quarter-on-quarter
Marketplace adjusted EBITDA: -1.2% of NMV
Share price decline: as much as 6.06% to Rs 177.50

The source

Source Read the source at NDTV Profit Published

First seen

By

Note Information, not investment advice. RetailIntel is not registered with SEBI.