E-commerce company Meesho reported a major improvement in its March quarter earnings, with losses dropping sharply and revenue rising strongly on the back of higher customer activity.
The company said its net loss narrowed 88% year-on-year to ₹166 crore in the fourth quarter of FY26. During the same period, revenue from operations increased 47% to ₹3,531 crore.
This Bengaluru-based company also benefited from improved margins and lower logistics costs, which helped reduce overall losses.
Meesho said the strong performance was driven by a rise in orders, growing customer numbers and better engagement on the platform. The company’s annual transacting users increased to 264 million, while total orders during the quarter crossed 717 million.
Meesho said it has continued investing in technology and artificial intelligence to improve operations and customer experience. The company noted that AI tools are being used across several functions, including coding, recommendations and supply chain management.
For the full financial year FY26, Meesho’s revenue rose over 34% to ₹12,626 crore, while annual losses reduced significantly compared to the previous year.