Meesho Limited has submitted to the Exchange, the Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026.
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Meesho reported consolidated revenue from operations of Rs 126,263.48 million (Rs 12,626 Cr) for FY2026, up 34.5% from Rs 93,899.03 million in FY2025. Q4 revenue was Rs 35,312.12 million, up 47.1% YoY. The company reported a consolidated net loss of Rs 13,577.38 million, significantly improved from Rs 39,417.05 million loss in FY2025. Exceptional items of Rs 13,464.34 million were primarily due to employee stock option expenses (Rs 5,445.35 million) and perquisite tax (Rs 7,338.16 million). The company completed its IPO in December 2025 raising Rs 42,500 million. Meesho also approved investment of up to Rs 100 Crores in its subsidiary Meesho Payments Private Limited (related party transaction). Income tax demands of Rs 14,997.38 million (AY 2023-24) and Rs 5,720.69 million (AY 2022-23) are contested. Operating cash flow turned negative at Rs 38,753.36 million.
Strong revenue growth of 34.5% YoY and improved bottomline with loss reduction of 66% demonstrates operational scaling. However, EBITDA margins remain compressed and significant operating cash outflows require monitoring. The IPO provides runway but profitability path remains key.