Meesho shares jump nearly 8% on narrower ₹166cr quarterly loss
NewsBytes | May 8, 2026 12:40 PM CST
Meesho posts ₹12,626cr FY26 revenue
For all of FY26, Meesho cut its annual loss by more than half and grew revenue by 34%, reaching ₹12,626 crore.
The platform also saw big jumps in users (up 33% to 264 million) and orders (up 45%).
Brokerage JM Financial raised its target price on Meesho but kept a cautious "REDUCE" rating, saying there's not much room for mistakes at these valuations.
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