Meesho Q3: Net Loss Soars 12x to Rs 491 Cr, Revenue Jumps 32%
Business
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Moneycontrol•30-01-2026, 19:30
Meesho Q3: Net Loss Soars 12x to Rs 491 Cr, Revenue Jumps 32%
- •Meesho's net loss surged 12-fold year-on-year to Rs 490.7 crore in Q3 FY26, up from Rs 37.4 crore a year ago.
- •Revenue from operations increased by 32% year-on-year, reaching Rs 3,517.6 crore in Q3 FY26.
- •Total expenses for the value commerce platform rose 44% to Rs 4,071.3 crore in the quarter ending December.
- •The company reported 690 million orders placed, a 36% YoY increase, and 251 million annual transacting users, up 34% YoY.
- •Vidit Aatrey, CEO, emphasized disciplined growth and platform health, aiming for Free Cash Flow per share.
Why It Matters: Meesho's Q3 FY26 saw a significant increase in net loss despite strong revenue and user growth.
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