Announced Thu, 23 Jul · 17:03 IST
Meesho: Q1 FY27 results, AOA changes, Rs 75 cr in grocery arm
MEESHO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.9%1-day move
₹188.35
prior close
₹188.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.0-4.9-4.1-4.1-2.9—————————
Up moveDown movePending
AI summary
Meesho's board approved Q1 FY27 results: standalone revenue Rs 20,933 mn, profit Rs 3,538 mn; consolidated revenue Rs 37,128 mn, net loss Rs 1,328 mn. Article 122 of AOA amended to give Founders and investors holding 8 percent stake rights to nominate directors. Will invest up to Rs 75 cr in grocery arm MGPL and make payments arm wholly owned. Tax demand of Rs 14,997 mn under appeal; interim stay on Rs 5,721 mn demand.
Likely market impact
Standalone profitable, consolidated loss persists. AOA changes formalize founder and investor board nomination rights. Investments to streamline subsidiaries.