MEESHO · Consumer Services
Meesho Ltd. reported revenue of ₹2,679 cr for October to December 2024, — on the year and — on the quarter.
Operating profit (EBITDA) was −₹131 cr, a margin of −4.9%, — on the year and — on the quarter.
The net loss was ₹37.0 cr, with earnings per share of −₹4.44.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow, the auditor's review, segment results, one-off items line by line and what management said on the call.
Half or more of pre-tax profit came from other income. What is it, and does it repeat?
Other income was 1,067% of profit before tax.
Source: Quarterly statements
Could not run on this quarter: Headline vs core profit, Tax rate lifting 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).
| 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 ₹2,679 cr (— on the year) and net profit of −₹37.0 cr (— on the year) for October to December 2024.
1 check raised a question: Half or more of pre-tax profit came from other income. What is it, and does it repeat?
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