Meesho, the Indian e-commerce platform, reported a consolidated net loss of ₹166.34 crore for Q4 FY26, a significant reduction from the ₹1,393.12 crore loss in Q4 FY25. The company’s revenue from operations surged by 47.14% year-on-year, reaching ₹3,531.21 crore. This growth was fueled by a 28% increase in annual transacting users, totaling 264 million. The net merchandise value also rose by approximately 43% year-on-year, with 717 million orders processed. Meesho Mall, which caters to value-conscious consumers, saw an impressive 82% growth in the same quarter. For the full fiscal year, Meesho's consolidated net loss narrowed to ₹1,357.73 crore, down from ₹3,941.70 crore in FY25, while total revenue increased by 34.47% to ₹12,626.34 crore. Founder and CEO Vidit Aatrey emphasized the potential of the Indian e-commerce market, noting that while only about 30% of Indian smartphone users shop online, this figure is expected to grow as barriers to online shopping are removed. The company is also investing up to ₹100 crore in its subsidiary, Meesho Payments, to enhance its service offerings.