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Meesho’s Adjusted Loss Narrows 97% To INR 53 Cr In FY24

  • E-commerce platform Meesho reported a surge in operating revenues to INR 7,615 Cr in FY24.
  • Adjusted losses narrowed to INR 53 Cr in FY24, a 96.6% reduction from the previous fiscal year.
  • The increase in revenue and reduction in losses were attributed to higher transacting users and order frequency.
  • Meesho achieved profitability and positive free cash flow, becoming the first horizontal Indian e-commerce company to do so.

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