Quarterly Result6 May 2026, 05:21 pm
Meesho Q4 FY26 NMV Up 43% YoY, Losses Narrow 66%
AI Summary
Meesho Ltd reported a 43% YoY increase in Net Merchandise Value (NMV) for Q4 FY26, reaching ₹11,371 Cr. The company's losses narrowed by approximately 66% due to AI-led investments improving unit economics. Annual Transacting Users grew 33% YoY to 264 million, with orders increasing 45% YoY to 2.67 billion. The platform's full-year NMV stood at ₹41,560 crores, up 39% YoY. Contribution margin recovered to 4.0% of NMV, and Adjusted EBITDA (Marketplace) improved by 245 bps QoQ to -1.7% of NMV.
Key Highlights
- Meesho's Q4 FY26 NMV grew by 43% YoY to ₹11,371 Cr.
- FY26 Annual Transacting Users increased by 33% YoY to 264 million.
- Full-year FY26 NMV reached ₹41,560 crores, a 39% YoY increase.
- Losses narrowed by ~66% due to AI-led investments.
- Contribution margin rebounded to 4.0% of NMV in Q4 FY26.