
Meesho expects higher costs to slow margin gains
Meesho posted a Q2 contribution margin equal to 6% of NMV. It cautioned that heavier spending on acquiring customers and on servers will likely hold back margin improvement in the near term.
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2 stories on Thu 29 Oct 2026 in Retail · Clear all

Meesho posted a Q2 contribution margin equal to 6% of NMV. It cautioned that heavier spending on acquiring customers and on servers will likely hold back margin improvement in the near term.

Meesho's Q2 FY27 revenue grew 34.4% to ₹4,131.58 crore while its net loss shrank 67.8% to ₹132.45 crore. The company credited festive demand, more engaged users, better merchandise value and healthier contribution margins.