Meesho Q1 Revenue Rises 48%, Losses Narrow

Meesho reported Q1 FY27 revenue of about ₹3,713 crore, up roughly 48% year-on-year, while net loss narrowed by about 54% to ₹133 crore and total income including non-operating income was around ₹3,826 crore. The results show higher expenses as Meesho invests in AI-driven cataloging and demand forecasting, notes NMV growth and 725 million orders, and confirms strategic moves like acquiring Kirana Club to bolster its grocery/digital retail footprint, with marketplace and new initiatives continuing to incur EBITDA losses.