Industry Newsecommercelogisticsmeesho
Meesho Reports Sharp Widening Of Losses
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6.1
Ecommerce firm Meesho reported a sharp widening of losses in Q3 FY26, with net loss rising 13× to INR 490.7 crore, the company said Friday. Revenue grew 31% YoY to INR 3,517.6 crore, but management blamed an abrupt large 3PL exit in May–June and emergency scale-up of in-house logistics Valmo plus higher hiring and marketing costs.
Scoring Rationale
Company-level earnings reveal significant operational cost pressures from logistics scale-up, but limited novelty and confined scope reduce wider industry impact.
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