Meesho Reports Significant Loss Despite Surge in Sales for March 2026 Quarter
Meesho reports consolidated net loss of Rs 166.35 crore in the March 2026 quarter
Business Standard
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Meesho, an Indian e-commerce platform, reported a consolidated net loss of ₹166.35 crore for the quarter ending March 2026, a notable decrease from a loss of ₹1,391.38 crore in the same quarter the previous year. Despite the losses, sales increased by 47.13% to ₹3,531.21 crore.
- 01Meesho's net loss decreased significantly from ₹1,391.38 crore in March 2025 to ₹166.35 crore in March 2026.
- 02Sales rose by 47.13% year-over-year, totaling ₹3,531.21 crore in the March 2026 quarter.
- 03For the full fiscal year ending March 2026, Meesho reported a net loss of ₹1,357.74 crore, down from ₹3,941.71 crore the previous year.
- 04Annual sales increased by 34.47%, reaching ₹12,626.35 crore for the year ending March 2026.
- 05Operating profit margin improved, reflecting a positive trend in sales growth.
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Meesho, an Indian e-commerce platform, reported a consolidated net loss of ₹166.35 crore for the quarter ending March 2026, a significant improvement from a loss of ₹1,391.38 crore in the same quarter the previous year. The company's sales surged by 47.13%, reaching ₹3,531.21 crore compared to ₹2,399.98 crore in March 2025. For the full fiscal year, Meesho's net loss was ₹1,357.74 crore, down from ₹3,941.71 crore the previous year, indicating a steady recovery. Annual sales also saw a robust increase of 34.47%, totaling ₹12,626.35 crore for the year ending March 2026. The improved operating profit margin reflects the company's efforts to enhance profitability amidst rising sales.
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Meesho's improved sales figures may lead to more job opportunities and increased market competition in the e-commerce sector.
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