Bengaluru-based Meesho shares in focus after Q1FY27 revenue rises 48% and net loss narrows 54%
Meesho's first post-listing quarterly report showed strong operating momentum: revenue rose 48% YoY, net loss narrowed 54%, and contribution margin improved to 4.6% alongside NMV growth and higher transacting users. However, management plans to step up new-user acquisition spending from Q2 and shift its flagship sale to Q3, introducing near-term margin sensitivity. Broader market impact appears limited absent sector-wide read-through.
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India’s social commerce platform Meesho reported Q1FY27 revenue from operations of ₹3,712.8 crore, up 48% year on year, while its net loss narrowed 54% to ₹132.8 crore. Contribution margin improved to 4.6%, and NMV climbed 34% to ₹11,614 crore as annual transacting users rose 29% to 274 million. The company said it will significantly increase spending on new-user acquisition from the second quarter. Meesho also said its Meesho Mega Blockbuster Sale will be held in Q3 this year, versus Q2 last year.