Meesho Trims Q1 Loss 54% YoY To ₹133 Cr, Revenue Up 48%
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Ecommerce company Meesho managed to trim its net loss for the June quarter (Q1 FY27) by 54% to ₹132.8 Cr from ₹289.4 Cr in the year-ago quarter. Sequentially, it declined 20% from ₹166.4 Cr.
Operating revenue zoomed 48% YoY and 5% QoQ to ₹3,712.8 Cr. Including other income of ₹114 Cr, total income for the quarter stood at ₹3,826.4 Cr.
Meanwhile, expenses surged 42% YoY to $3,959.2 Cr.
(The story will be updated soon)
The post Meesho Trims Q1 Loss 54% YoY To ₹133 Cr, Revenue Up 48% appeared first on Inc42 Media.
