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Meesho Q2 Results: Loss narrows to Rs 132 crore YoY, revenue rises 34%

Meesho moved higher in a quarterly results development for Q2 FY27.

· Economic Times Markets, ET Stocks

Meesho’s Q2 FY27 net loss narrowed 67.8% to Rs 132.45 crore, while revenue surged 34.4% to Rs 4,131.58 crore. Rising user engagement, stronger merchandise value, improved contribution margins and festive-season demand supported growth amid elevated spending.

Period
Q2 FY27

Meesho reported Rs 132 crore and Rs 4,131.58 crore for Q2 FY27, with movement of 34%, 67.8% and 34.4% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is +1.9% on the day at ₹227.84, and has returned +25.6% over three months. It sits 5% below its 52-week high. The consumer & retail sector has moved -7.7% over the same period, so Meesho is running 33.2 points ahead of its peers.

For Meesho, the question is how much of this is already reflected in the price and how much re-rates the consumer & retail peer set alongside it.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • In focus: Meesho (MEESHO), in Consumer & Retail.
  • Over three months: Meesho +25.6% against Consumer & Retail -7.7% (33.2 points ahead).
  • Meesho: 52-week and period figures are measured since it listed on 10 Dec 2025.
Figures for the companies in this story
CompanyPriceDay1M3MFrom 52-wk highVolume vs 20-dayMarket cap
MeeshoMEESHO · Consumer & Retail · Listed 10 Dec 2025₹227.84+1.9%+5.1%+25.6%-5.3%0.6×—

Consumer & Retail

1M -4.2% · 3M -7.7%

Meesho

Prices as of 28 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.

MEESHOConsumer & Retail