From The Economic Times · Kumar Gaurav · · 2m
Meesho Q2 Results: Loss Narrows to Rs 132 Crore
Meesho's Q2 loss shrinks 67.8% to Rs 132.45 crore as revenue jumps 34.4% YoY.
In brief
Meesho's Q2 loss shrinks 67.8% to Rs 132.45 crore as revenue jumps 34.4% YoY. Meesho reported a Q2FY27 net loss of Rs 132.45 crore, down 67.8% from previous year, with revenue rising 34.4% to Rs 4,131.58 crore. Originally reported by The Economic Times.
Meesho Q2 Results
Meesho reported a consolidated net loss of Rs 132.45 crore in Q2FY27, narrowing 67.8% from Rs 411.36 crore loss in Q2FY26.
Revenue Growth
Revenue from operations rose 34.4% year-on-year to Rs 4,131.58 crore in Q2FY27, compared with Rs 3,073.67 crore in Q2FY26.
Expenses Increase
Total expenses increased 23.8% YoY to Rs 4,382.27 crore from Rs 3,540.44 crore in the year-ago quarter.
Sequential Net Loss
Net loss remained broadly flat at Rs 132.45 crore, compared with Rs 132.84 crore in the June quarter.
EBITDA Loss
EBITDA loss stood at Rs 229 crore, compared with Rs 225 crore in the previous quarter.
User Growth
Annual transacting users increased 21% YoY to 284 million, while last-twelve-month purchase frequency rose 7% to 10.4.
First-Time Buyers
First-time buyers grew 16% sequentially, while annual transacting sellers increased 60% YoY to 1.13 million.
Placed Orders
Placed orders rose 17% YoY to 819 million, while net merchandise value grew 23% to Rs 12,911 crore.
Festive Sales Shift
Meesho shifted Mega Blockbuster Sale from Q2 to Q3, expecting Q3 to show stronger year-on-year growth.
Festive Demand Shift
Dussehra fell 19 days later than last year, shifting festive demand from Q2 to Q3.
Festive NMV Growth
On a festive-aligned basis, NMV grew 33% YoY, while sequential NMV increased 11%.
Content Commerce
Content-commerce NMV increased 160% YoY, with 144% rise in content pieces generating orders.
Meesho Mall
Meesho Mall hosted 1,800 brands with NMV growing 81% YoY, especially in Tier 3 cities.
Contribution Margin
Contribution margin improved to 6% of NMV, with plans to reinvest efficiency gains.
What matters most
Meesho reported a Q2FY27 net loss of Rs 132.45 crore, down 67.8% from previous year, with revenue rising 34.4% to Rs 4,131.58 crore.
