Meesho Reports 34% YoY Net Merchandise Value Growth Amid Margin Expansion and AI Investments
Meesho Limited today announced its financial results for the first quarter of FY27, ended June 30, 2026, reporting robust growth in key metrics alongside strengthening platform economics. The company reported a 34% year-on-year increase in Net Merchandise Value (NMV) and noted improvements across margins despite facing higher fuel costs and minimum wage increases in certain states.The results highlight the continuous operational efficiencies and increased user engagement driving Meesho's e-commerce platform.Key financial performance metrics for the quarter are detailed below:MetricQ1 FY27 ValueChange/ComparisonNet Merchandise Value...