MEESHO · Consumer Services
Meesho Ltd. reported revenue of ₹3,074 cr for July to September 2025, — on the year and +22.8% on the quarter.
Operating profit (EBITDA) was −₹456 cr, a margin of −14.8%, — on the year and −429 bps on the quarter.
The net loss was ₹411 cr, with earnings per share of −₹2.11.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow filed with this quarter, the auditor's review, segment results, one-off items line by line and what management said on the call.
No check fired. That is a statement about the checks below, not a verdict on the company.
Could not run on this quarter: Headline vs core profit, Other income carrying profit, Exceptional items that recur, Operating margin on the year, Depreciation falling, Finance cost rising, Swing to loss or profit, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
This quarter's filing carries a balance sheet and a cash flow statement. The cash, receivables and borrowing checks run once the filing read is in.
| Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2,679 cr | ₹2,400 cr | ₹2,504 cr | ₹3,074 cr | ₹3,518 cr | ₹3,531 cr | ₹3,713 cr | ₹4,132 cr |
| YoY | — | — | — | — | +31% | +47% | +48% | +34% |
| EBITDA margin | −4.9% | −9.6% | −10.5% | −14.8% | −15.3% | −7.2% | −6.1% | −5.5% |
| Other income, % of PBT | 1,067% | — | — | — | — | — | — | — |
| Exceptional items | — | — | — | — | — | — | — | — |
| Tax rate | — | — | — | — | — | — | — | — |
| Net profit | −₹37.0 cr | −₹1,391 cr | −₹289 cr | −₹411 cr | −₹491 cr | −₹166 cr | −₹133 cr | −₹132 cr |
| YoY | — | — | — | — | — | — | — | — |
| Core profit YoY | — | — | — | — | — | — | — | — |
| EPS | −₹4.44 | −₹159.79 | −₹1.49 | −₹2.11 | −₹1.09 | −₹0.36 | −₹0.29 | −₹0.29 |
| Flags | 1 | · | · | · | 1 | ✓ | ✓ | ✓ |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
Meesho Ltd. reported revenue of ₹3,074 cr (— on the year) and net profit of −₹411 cr (— on the year) for July to September 2025.
None of the 1 checks that could run raised a question.
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