E-commerce platform Meesho has announced its financial results for Q3 FY26 after debuting on Indian stock exchanges last month. The firm’s income climbed by 31% during the third quarter, while its losses exceeded Rs 500 crore level in the same period.

Key Highlights

• Meesho reports strong Q3 FY26 revenue growth to Rs 3,517 crore amid scale expansion nationwide.
• Losses widen sharply as marketing investments, logistics costs rise, reflecting aggressive growth strategy execution focus.

According to the company's financial statement obtained from the NSE, its operating revenue rose to Rs 3,517.5 crore in Q3 FY26 from Rs 2,679 crore in the same period the previous year.

Its overall revenue for the quarter was Rs 3,596 crore thanks to an extra Rs 78.5 crore from other sources. Nonetheless, the company's revenue rose 30% to Rs 9,095 crore from Rs 6,990 crore during the nine-month period ended in December 2025.

Meesho's employee benefit expense increased by 20% to Rs 235 crore in Q3 FY26 from Rs 195 crore in Q3 FY25, however it did not publish its correct expense breakdown. For the quarter, its depreciation was Rs 11 crore. The company's overall expenses increased from Rs 2,823 crore in Q3 FY25 to Rs 4,071 crore in Q3 FY26, a 44% increase.

The company's loss increased by more than 13X to Rs 490 crore in Q3 FY26 from Rs 37 crore in Q3 FY25 as a result of expenses exceeding revenue growth. Sequentially, the company's loss rose from Rs 330.5 crore in Q2 FY26 to Rs 48%.

Meesho closed one of the biggest tech IPOs of 2025 after making its public market debut at a high premium. The Bengaluru-based company began trading on the NSE at Rs 162.5 per share, a 46% increase over its Rs 111 issue price.

Also Read: Meesho Lists at 46% Premium in Strong Stock Market Debut

At the close of today’s trading session, Meesho’s share price remained at Rs 173, giving the firm a total market valuation of Rs 78,077 crore ($8.5 billion).