Meesho Q2 FY27 Results: Revenue, Profit, Segments & Key Updates
Meesho Limited reported consolidated revenue from operations of ₹4,131.58 crore in Q2 FY27, an increase of 34.4% year-on-year (YoY). The company reported a consolidated net loss of ₹132.45 crore, narrowing from ₹411.36 crore in Q2 FY26. The Board approved the unaudited financial results for the quarter and half-year ended September 30, 2026, on October 28, 2026.
Meesho’s Q2 FY27 Earnings
| Particulars | Q2 FY27 | Q2 FY26 | YoY Change |
|---|---|---|---|
| Revenue from Operations | ₹4,131.58 crore | ₹3,073.67 crore | +34.4% |
| Total Income | ₹4,259.00 crore | ₹3,254.91 crore | +30.9% |
| Loss Before Tax (PBT) | ₹123.27 crore | ₹330.50 crore | Loss narrowed |
| Net Loss (PAT) | ₹132.45 crore | ₹411.36 crore | Loss narrowed 67.8% |
Segment Revenue & Business Metrics
Meesho’s consolidated financial results include its subsidiaries. The company operates through its e-commerce marketplace and related logistics and business operations. The supplied results do not provide a segment-wise revenue table.
| Particulars | Q2 FY27 |
|---|---|
| Revenue from Operations | ₹4,131.58 crore |
| Total Income | ₹4,259.00 crore |
| Total Assets as at September 30, 2026 | ₹8,001.68 crore |
Meesho Share Price Reaction After Q2 FY27 Results
| Metric | Details |
|---|---|
| Results announcement date | 28 October 2026 |
| Market reaction | +2.27% |
| Previous close | ₹223.58 |
| Implied share price | About ₹228.65 |
Meesho shares rose 2.27% following the Q2 FY27 results announcement. The positive market response reflected the company’s strong profitability improvement and better-than-feared earnings performance.
Meesho vs Other Companies
Meesho can be compared with listed consumer internet companies such as Eternal and Swiggy. However, their business models differ, as Eternal operates food delivery and quick commerce businesses, while Swiggy also operates food delivery and quick commerce.
| Company | Q2 FY27 Revenue from Operations | YoY Change | Q2 FY27 PAT |
|---|---|---|---|
| Meesho | ₹4,131.58 crore | +34.4% | Loss of ₹132.45 crore |
| Eternal | ₹24,138 crore | +77.6% | ₹125 crore profit |
| Swiggy | ₹7,571 crore | +36.1% | Loss of ₹922 crore |
Eternal reported a 92% YoY increase in net profit, while Swiggy’s net loss narrowed by 15.6% YoY.
Meesho’s Quarterly Financial Performance
| Particulars | Q2 FY27 | Q1 FY27 | Q2 FY26 |
|---|---|---|---|
| Revenue from Operations | ₹4,131.58 crore | ₹3,712.81 crore | ₹3,073.67 crore |
| Loss Before Tax | ₹123.27 crore | ₹132.84 crore | ₹330.50 crore |
| Net Loss | ₹132.45 crore | ₹132.84 crore | ₹411.36 crore |
- Revenue from operations increased 11.3% quarter-on-quarter (QoQ) and 34.4% YoY.
- Net loss narrowed 0.3% QoQ and 67.8% YoY.
- The company reported a consolidated loss per share of ₹0.28 in Q2 FY27, compared with ₹0.28 in Q1 FY27 and ₹0.97 in Q2 FY26.
Key Takeaways from Meesho Q2 FY27 Results
- Consolidated revenue from operations increased 34.4% YoY to ₹4,131.58 crore.
- Total income rose 30.9% YoY to ₹4,259.00 crore.
- Consolidated net loss narrowed to ₹132.45 crore from ₹411.36 crore in Q2 FY26.
- Revenue from operations increased 11.3% QoQ compared with Q1 FY27.
- Meesho reported a consolidated net loss of ₹132.45 crore in Q2 FY27.
- The company’s consolidated total assets stood at ₹8,001.68 crore as of September 30, 2026.
Disclaimer
The information provided above is for informational and educational purposes only and should not be construed as investment advice, a recommendation to buy or sell shares, or a guarantee of future performance. The financial results, operational metrics, share price data and industry comparisons are based on information available as of October 2026 and may be subject to revisions or updates. Investors should refer to official company disclosures and stock exchange filings for the latest information.
