Meesho Q1 FY27 Results: Revenue Surges 48% YoY, Losses Narrow Further
Meesho reported a improved Q1 FY27 with strong revenue growth, improving operating margins, and further reduction in EBITDA and net losses,
Meesho Q1 Results FY2027: Meesho delivered an improved Q1 FY27 with revenue rising 48% year-on-year, driven by sustained growth in its marketplace business. The company continued improving profitability, reducing EBITDA and net losses while expanding operating margins, reflecting better cost discipline alongside continued investment in growth initiatives..
Meesho Q1 Results FY2027: On 23 July, Meesho reported a strong top-line performance in the first quarter of FY27, driven by continued growth in its marketplace business. Revenue from Operations increased 48.28% year-on-year to ₹3,712.80 crore, while the company further reduced its operating and net losses, reflecting improving operating efficiency. Here is the detailed breakdown of Meesho Q1 results
Meesho Q1 FY2027 Results Highlights
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Revenue from Operations stood at ₹3,712.80 crore in Q1 FY27, registering 48.28% YoY growth from ₹2,503.85 crore in Q1 FY26. Compared with ₹3,531.20 crore in Q4 FY26, revenue increased 5.14%.
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Total Revenue came in at ₹3,826.39 crore, up 45.49% YoY from ₹2,629.94 crore and 4.92% from ₹3,646.97 crore in Q4 FY26.
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EBITDA (excluding Other Income) improved to a loss of ₹224.66 crore, compared with a loss of ₹264.37 crore in Q1 FY26, reflecting a 15.02% reduction in operating losses. Compared with a loss of ₹254.86 crore in Q4 FY26, EBITDA loss narrowed 11.85%.
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EBITDA Margin improved to -6.05%, compared with -10.56% in Q1 FY26 and -7.22% in Q4 FY26, expanding by 451 basis points YoY and 117 basis points from Q4 FY26.
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Profit After Tax (PAT) stood at a loss of ₹132.84 crore, compared with a loss of ₹289.36 crore in Q1 FY26, reflecting a 54.09% reduction in net losses. Compared with a loss of ₹166.35 crore in Q4 FY26, PAT loss narrowed 20.14%.
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PAT Margin improved to -3.58%, compared with -11.56% in Q1 FY26 and -4.71% in Q4 FY26, expanding by 798 basis points YoY and 113 basis points from Q4 FY26.
|
Metric |
Q1 FY27 |
Q4 FY26 |
QoQ % |
Q1 FY26 |
YoY % |
|---|---|---|---|---|---|
|
Revenue from Operations (₹ Cr) |
3,712.80 |
3,531.20 |
5.14% |
2,503.85 |
48.28% |
|
Total Revenue (₹ Cr) |
3,826.39 |
3,646.97 |
4.92% |
2,629.94 |
45.49% |
|
EBITDA (₹ Cr) |
(224.66) |
(254.86) |
Loss Reduced |
(264.37) |
Loss Reduced |
|
EBITDA Margin |
-6.05% |
-7.22% |
+117 bps |
-10.56% |
+451 bps |
|
PAT (₹ Cr) |
(132.84) |
(166.35) |
Loss Reduced |
(289.36) |
Loss Reduced |
|
PAT Margin |
-3.58% |
-4.71% |
+113 bps |
-11.56% |
+798 bps |
|
EPS (₹) |
(0.28) |
(0.36) |
Loss Reduced |
(0.68) |
Loss Reduced |
Source: Meesho Q1 FY27 Financial Results
Meesho Q1 FY27 Segment-wise Revenue
Meesho delivered a strong Q1 FY27 with revenue rising 48% year-on-year, driven by sustained growth in its marketplace business.
|
Segment |
Q1 FY27 |
Q4 FY26 |
QoQ % |
Q1 FY26 |
YoY % |
|---|---|---|---|---|---|
|
Marketplace (₹ Cr) |
3,707.09 |
3,525.10 |
5.16% |
2,502.48 |
48.14% |
|
New Initiatives(₹ Cr) |
5.71 |
6.10 |
-6.39% |
1.37 |
316.79% |
|
Revenue from Operations (₹ Cr) |
3,712.80 |
3,531.20 |
5.14% |
2,503.85 |
48.28% |
Source: Meesho Q1 FY27 Financial Results
READ THIS: IEX Q1 FY27 Results
Meesho Share Price Today
As of 23 July, 3:30 PM
Meesho share price closed at 188.95 (-0.48%) on 23 July 2026. The stock is up 3.97% year-to-date and remains flat in one year from 23 July 2025 to 23 July 2026.