Meesho narrowed its June-quarter loss as marketplace revenue rose sharply and operating metrics improved, helped by higher user engagement, better delivery conversion and stronger platform monetisation. The company reported a loss of Rs 133 crore for the quarter ended June 30, 2026, compared with a loss of Rs 289 crore in the same quarter last year, according to its shareholder letter. Loss before tax also narrowed to Rs 132.8 crore from Rs 240 crore a year earlier.
Meesho's marketplace revenue from operations stood at Rs 3,707 crore in Q1FY27, up 48% YoY. The company said the growth was driven by improved delivery conversion through lower cancellations, lower return-to-origin rates and higher platform monetisation.
