Bengaluru, July 23 -- E-commerce company Meesho Ltd on Thursday reported a narrower-than-expected quarterly loss as strong marketplace growth and improving profitability offset investments in artificial intelligence (AI), logistics and newer businesses.

The Bengaluru-based company reported consolidated revenue from operations of Rs.3,712.8 crore for the quarter ended 30 June, higher than Bloomberg's consensus estimate of Rs.3,601.5 crore based on seven analyst forecasts.

Consolidated net loss stood at Rs.132.8 crore, compared with Bloomberg's estimated loss of Rs.135.2 crore, as the company continued investing in growth initiatives amid intensifying competition in the e-commerce sector.

Its operating performance remained robust. Net me...