business
Meesho Records Rs 3,713 Cr Revenue in Q1 FY27, Narrows Losses by 54%
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Meesho has announced its financial results for the first quarter of the fiscal year ending March 2027, reporting a 48% year-on-year increase in revenue and a 54% narrowing of losses.
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Meesho Records Rs 3,713 Cr Revenue in Q1 FY27, Narrows Losses by 54%
Meesho has announced its financial results for the first quarter of the fiscal year ending March 2027, reporting a 48% year-on-year increase in revenue and a 54% narrowing of losses. The company's revenue from operations grew to Rs 3,713 crore in Q1 FY27 from Rs 2,504 crore in the corresponding quarter of the previous fiscal year. Meesho's losses narrowed sharply to Rs 133 crore during the same period, compared to Rs 287 crore in the previous quarter.
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