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Startup Atlas · E-commerce

Meesho Listed (NSE/BSE)Unicorn

Meesho Limited Bengaluru, Karnataka Founded 2015 meesho.com ↗
Vidit Aatrey · Co-founder & CEO Sanjeev Barnwal · Co-founder & CTO
$2.27 BnTotal funding (tracked)
13Funding rounds
10 Dec 2025Last round
2,082Team size (sourced)

Meesho: Financial Breakdown

Figures below are Q4 FY26, consolidated basis, compiled from filings and disclosures — every year cited to its source.

Revenue from Operations ₹3,531 Cr (47% YoY from ₹2,400 Cr)Total revenue · -72% YoY
Total Expenses ₹3,807 Cr (44% YoY from ₹2,637 Cr)Total expenses
Operating loss before depreciation, interest & tax (excl. other income) of ₹254.85 Cr; Operating margin -7.22% (per MarketsMojo analysis of filed results)EBITDA
Net Loss ₹166.35 Cr (88% reduction from ₹1,391 Cr loss in Q4 FY25)Net loss · loss narrowed 87.7% YoY

Revenue by fiscal year

Rs 3,232 crore: $384.8MFY22Revenue from Operations ₹5,735 Cr: $682.7MFY23Revenue from Operations ₹7,615 Cr (32.8% YoY growth): $906.5MFY24Revenue from Operations ₹9,390 Cr: $1117.9MFY25Revenue from Operations ₹5,578 Cr: $664MH1 FY26Revenue from Operations ₹3,517.6 Cr (31% YoY): $418.8MQ3 FY26Revenue from Operations ₹1,26,263.48 million (₹12,626.35 Cr), 34-35% YoY growth from ₹9,390 Cr in FY25: $1503.1MFY26Revenue from Operations ₹3,531 Cr (47% YoY from ₹2,400 Cr): $420.4MQ4 FY26

Net profit / loss by fiscal year

Net loss of Rs 3,247 crore (6.5x YoY increase from ~Rs 545 crore in FY21): $-386.5MFY22Reported Net Loss ₹1,672 Cr: $-199MFY23Reported Net Loss ₹328 Cr: $-39MFY24Reported Net Loss ₹3,942 Cr (₹3,941.70 Cr precisely): $-469.3MFY25Reported Net Loss ₹701 Cr: $-83.5MH1 FY26Net Loss ₹490.67 Cr (13x YoY increase from ₹37.43 Cr loss in Q3 FY25): $-58.4MQ3 FY26Net Loss ₹13,577.38 million (₹1,357.74 Cr), down from ₹39,417.05 million (₹3,941.70 Cr) net loss in FY25: $-161.6MFY26Net Loss ₹166.35 Cr (88% reduction from ₹1,391 Cr loss in Q4 FY25): $-19.8MQ4 FY26

Bars below the line are a net loss for that year.

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
Q4 FY26 Revenue from Operations ₹3,531 Cr (47% YoY from ₹2,400 Cr) Total Expenses ₹3,807 Cr (44% YoY from ₹2,637 Cr) Operating loss before depreciation, interest & tax (excl. other income) of ₹254.85 Cr; Operating margin -7.22% (per MarketsMojo analysis of filed results) Net Loss ₹166.35 Cr (88% reduction from ₹1,391 Cr loss in Q4 FY25) source
FY26 Revenue from Operations ₹1,26,263.48 million (₹12,626.35 Cr), 34-35% YoY growth from ₹9,390 Cr in FY25 Total Expenses ₹1,41,672.43 million (₹14,167.24 Cr) Not disclosed as a consolidated full-year figure in sources reviewed Net Loss ₹13,577.38 million (₹1,357.74 Cr), down from ₹39,417.05 million (₹3,941.70 Cr) net loss in FY25 source
Q3 FY26 Revenue from Operations ₹3,517.6 Cr (31% YoY) Total Expenses ₹4,071 Cr (44% YoY), of which 'other expenses' ₹3,821.3 Cr (~94% of total) Not disclosed in the exchange filing/media coverage reviewed Net Loss ₹490.67 Cr (13x YoY increase from ₹37.43 Cr loss in Q3 FY25) source
H1 FY26 Revenue from Operations ₹5,578 Cr Total Expenses ₹6,291 Cr Not disclosed as EBITDA; RHP separately discloses 'Loss before exceptional items and tax' of ₹433 Cr Reported Net Loss ₹701 Cr source
FY25 Revenue from Operations ₹9,390 Cr Total Expenses ₹10,009 Cr Not disclosed as EBITDA; RHP separately discloses 'Loss before exceptional items and tax' of ₹108 Cr Reported Net Loss ₹3,942 Cr (₹3,941.70 Cr precisely) source
FY24 Revenue from Operations ₹7,615 Cr (32.8% YoY growth) Total Expenses ₹8,174 Cr Not disclosed Reported Net Loss ₹328 Cr source
FY23 Revenue from Operations ₹5,735 Cr Total Expenses ₹7,570 Cr Not disclosed Reported Net Loss ₹1,672 Cr source
FY22 Rs 3,232 crore Rs 6,607 crore Not disclosed Net loss of Rs 3,247 crore (6.5x YoY increase from ~Rs 545 crore in FY21) source

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Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: tracxn.com · Last verified 13 Jul 2026. · Report a correction