Meesho | E-commerce platform reported a 23% year-on-year rise in Net Merchandise Value (NMV) to ₹12,911 crore for the quarter ended September.
Net losses for the quarter narrowed by approximately 68% year-on-year to ₹132 crore, down from ₹411 crore in the same quarter last year.
The company generated ₹345 crore in quarterly free cash flow, a reversal from an outflow of ₹226 crore in the preceding quarter, which it attributed to seasonal working capital benefits.
Meesho held a cash balance of ₹7,048 crore as of September 30, 2026.
Meesho | E-commerce platform reported a 23% year-on-year rise in Net Merchandise Value (NMV) to ₹12,911 crore for the quarter ended September. Net losses for the quarter narrowed by approximately 68% year-on-year to ₹132 crore, down from ₹411 crore in the same quarter last year. The company generated ₹345 crore in quarterly free cash flow, a reversal from an outflow of ₹226 crore in the preceding quarter, which it attributed to seasonal working capital benefits. Meesho held a cash balance of ₹7,048 crore as of September 30, 2026.
