Meesho Limited's Board of Directors approved the financial results for the first quarter of fiscal year 2027 on July 23, 2026.
The company reported a standalone profit of ₹3,537.70 million for the quarter ending June 30, 2026. This performance marks a significant turnaround from the ₹817.60 million loss recorded in the same period last year. Revenue from operations for the quarter reached ₹20,932.65 million.
On a consolidated basis, Meesho narrowed its losses to ₹1,328.35 million from ₹2,893.58 million in the prior year's quarter.
The board also approved a strategic investment of up to ₹75 crore in its wholly-owned subsidiary, Meesho Grocery Private Limited. Additionally, the company acquired the remaining 0.01% stake in Meesho Payments Private Limited, making it a wholly-owned subsidiary.