Economic TimesLean R·
Meesho shares fall 3% even as Q2 loss narrows to Rs 132 cr. Why Jefferies raised target price but Nomura remains cautious
Shares of Meesho dropped nearly 3% on Thursday after the e-commerce firm reported a net loss of Rs 132 crore for the July-September quarter of the ongoing financial year (FY27), marking nearly 68% reduction from the Rs 411 crore net loss reported in the corresponding quarter of the previous financial year.Meesho’s revenue from operations meanwhile increased more than 34% year-on-year to Rs 4,132 crore in the second quarter of FY27, from Rs 3,074 crore in Q2 FY26. Its total expenses increased ar…
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