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Meesho records Rs 3,713 Cr revenue in Q1 FY27; nar

Meesho records Rs 3,713 Cr revenue in Q1 FY27; narrows losses by 54%

· Funding · Entrackr

E-commerce marketplace Meesho has announced its financial results for the first quarter of the fiscal year ending March 2027. The company reported a 48% year on year increase in revenue, while its losses narrowed sharply by 54% to Rs 133 crore during the same period. The company’s revenue from operations grew to Rs 3,713 crore in Q1 FY27 from Rs 2,504 crore in the corresponding quarter of the previous fiscal year, according to its financial statements filed with the NSE. Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investorshere.

Original source: Entrackr
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