Meesho's Leap: Revenue Surges as Losses Narrow in Booming E-commerce Market

E-commerce platform Meesho saw its consolidated net loss reduce significantly to Rs 166.34 crore in Q4, with revenue rising by 47.13%. The annual figures for FY26 showed a 34.4% revenue growth and a narrowing of net loss. The company is focusing on AI-driven technology and expanding its payment subsidiary.

Meesho, a prominent name in the e-commerce sector, reported a substantial reduction in its consolidated net loss, amounting to Rs 166.34 crore for the fourth quarter ending March 31. This marks a significant improvement from the Rs 1,391.38 crore net loss recorded in the same period last year, as disclosed in a recent regulatory filing.

The company’s revenue for the quarter saw a significant increase of 47.13%, reaching Rs 3,531.21 crore compared to Rs 2,399.97 crore in the previous year. Total expenses for the period stood at Rs 3,807 crore, up from Rs 2,636.83 crore the prior year. For the fiscal year 2025-26, Meesho's net loss narrowed to Rs 1,357.73 crore from Rs 3,941.70 crore in FY25, while annual revenue surged by 34.4% to Rs 12,626.34 crore.

Meesho is heavily investing in AI, which now generates over 70% of its code, accelerating product releases. The firm is also enhancing its payment subsidiary, Meesho Payments Private Limited, with a Rs 100 crore investment to boost operational efficiency and development capabilities. Meanwhile, Meesho's shares closed 3.7% lower at Rs 196.50 on the BSE following these announcements.