Quarterly Result28 Oct 2026, 05:30 pm
Meesho Q2 FY27: NMV Up 23% to ₹12,911 Cr, Losses Narrow 68%
AI Summary
Meesho Ltd announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported a 23% year-on-year growth in Net Merchandise Value (NMV) to ₹12,911 crore, with Annual Transacting Users reaching 284 million. Festive-aligned NMV saw a 33% year-on-year increase. Net losses narrowed by 68%. Contribution Margin improved to 6.0% of NMV, driven by logistics efficiencies and better monetization. Engineering productivity increased by 171% due to AI implementation. Meesho Mall experienced 81% YoY NMV growth, and Content Commerce NMV grew by 160% YoY. Annual Transacting Sellers increased by 60% YoY to 1.13 million.
Key Highlights
- NMV grew 23% YoY to ₹12,911 crore, with 284 million Annual Transacting Users.
- Net losses narrowed by 68% YoY.
- Contribution Margin expanded to 6.0% of NMV.
- Meesho Mall NMV grew 81% YoY; Content Commerce NMV grew 160% YoY.
- Annual Transacting Sellers increased 60% YoY to 1.13 million.
Price Impact
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