Meesho Q1 FY27 results: profit on standalone, loss on consolidated; new subsidiary investments

Board & Shareholder Meetings View source PDF

MEESHO · price

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AI summary

Meesho's board approved Q1 FY27 results (June 2026). Standalone: revenue Rs 20,932.65 mn, profit Rs 3,537.70 mn, EPS Rs 0.76. Consolidated: revenue Rs 37,128.11 mn (up from Rs 25,038.66 mn), loss Rs 1,328.35 mn. Also approved: up to Rs 75 crore in grocery arm MGPL, buying 1 share to make MPPL fully owned, and AOA changes giving founders and top investors board nomination rights. Tax demands of Rs 14,997.38 mn and Rs 5,720.69 mn under appeal.

Likely market impact

Consolidated loss continues but revenue growing; new subsidiary investments and founder/investor board nomination rights could raise governance concerns.