Meesho Limited (NSE:MEESHO)
India · Delayed Price · Currency is INR 173.56
+2.84 (1.66%)
Jun 19, 2026, 3:30 PM IST
Meesho Earnings Call Transcripts
Fiscal Year 2026
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Annual transacting users grew 33% year-over-year, with strong gains in contribution margin and ad revenue. Logistics cost optimization and rural expansion drove performance, while Meesho Mall and ad products saw robust adoption.
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Annual transacting users grew 34% to 251 million and seller base rose 81% to 846,000, with NMV up 26% year-over-year. Margins were temporarily impacted by rapid logistics expansion, but are expected to recover as costs normalize and operating leverage improves.