Mumbai, Jan. 31 -- Net sales rose 31.32% YoY to Rs 3,517.60 crore in Q3 FY26 from Rs 2,678.64 crore in the year-ago quarter.

The company reported pre-tax loss of Rs 478.59 crore in Q3 FY26, compared with a profit of Rs 15.45 crore in Q3 FY25.

Total expenditure increased 43.99% YoY to Rs 4,060.20 crore in Q3 FY26, significantly outpacing revenue growth. Employee expenses rose 20.64% YoY to Rs 235.17 crore. Interest costs surged 141.61% YoY to Rs 3.89 crore, while depreciation declined 7.06% YoY to Rs 10.92 crore.

Meesho's Annual Transacting Users surged 34% YoY to 251 million with net merchandise value (NMV) standing at Rs 10,995 crore, up 26% YoY. Over 9MFY26, it increased 37% YoY to Rs 30,189 crore.

The company witnessed 690 million ...