Results - Announcements
Meesho Ltd share price gained 1.77% to Rs 227.6 after the company's net profit eased 0.29% to Rs 132.45 crore, while revenue from operations increased 11.28% to Rs 4131.58 crore in Q3FY26 over Q2FY26.
The market capitalization of E-Retail/ E-Commerce industry group stocks on BSE stood at Rs 6.0 lakh crore, rising by 13.17%. It has inched up 3.71% over last one week and ticked higher by 5.46% in last one month while the market capitalization of Meesho Ltd has improved by 3.86% and 25.12% in the same period respectively.
Profit before tax (PBT) of Meesho Ltd stood at Rs 123.27 crore in Q3 FY26, tumbling by 62.70% year-on-year, and declining 7.20% quarter-on-quarter. EBITDA came in at Rs 357 crore, nosediving by 44.06% YoY and easing 5.43% sequentially.
Total expenses increased by 10.71% to Rs 4380.89 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 280.88 crore, witnessing a strong rise of 15.55% YoY.
For the TTM ended FY26, revenue from operations witnessed a strong growth of 34.47% to Rs 12626.35 crore, while net profit plunged by 65.55% to Rs 1357.74 crore, compared to previous TTM. EBITDA tanked by 107771% to Rs 1957.82 crore, and PBT contracted 16.88% to Rs 1209.27 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 3875.34 crore in FY26, as against Rs 539.37 crore in FY25.
Meesho Ltd surged by 33.73% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 13.45% during the same period.