Meesho Reports Sharp Widening Of Losses

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.