India, Oct. 29 -- Meesho's Q2 Snapshot

Meesho inched closer to profitability in Q2 FY27. The quarter saw the ecommerce giant rein in its losses, scale its revenues and improve its contribution margins. Yet macroeconomic volatility and loss-making new bets continued to weigh on its bottom line in Q2.

Here's a quick look at Meesho's Q2 FY27 numbers:

Net loss narrowed 68% YoY to Rs.132.4 Cr

Operating revenue rose 34% YoY to Rs.4,131.6 Cr

Total expenses increased 24% YoY to Rs.4,382.3 Cr

The Marketplace Engine: As usual, Meesho's core marketplace vertical accounted for the biggest chunk of its revenues in Q2, driven by a growing base of active transacting users and higher order frequency. What also came in handy were expanding margins, ...