According to reports from The Economic Times, Meesho shares have demonstrated remarkable market performance, jumping 36.39% over the past month and 15% in the past five sessions as of May 5 closing level on the NSE. The stock has also gained 13% year-to-date, building on its strong market debut when it listed with a premium of more than 46% against the issue price of ₹111 on December 10, 2025. The IPO received an exceptional subscription of 79.02 times, with shares starting at ₹162.50 on NSE and ₹161.20 on BSE, representing gains of 46.40% and 45.22% respectively.
As reported by The Economic Times, Meesho reported a widening of loss to ₹490.6 crore for the third quarter ended December 2025, compared to a loss of ₹37.43 crore in the year-ago period. The company's expenses increased by about 44% during the quarter, with total expenses reaching ₹4,071 crore. Notably, 'other expenses' stood at ₹3,821.3 crore, or about 94% of the total spending during the reported quarter. Despite the increased costs, the company posted a 31% increase in revenue from operations to ₹3,517.5 crore from ₹2,678.64 crore in December 2024 quarter.
According to the company statement reported by The Economic Times, Meesho recorded strong user engagement metrics during Q3 FY26. The company posted a 36% year-on-year increase in placed orders to 69 crore, while annual transacting users grew 34% year-on-year to 25.1 crore. The platform reported net merchandise value (NMV) of ₹10,995 crore in the third quarter, representing 26% year-on-year growth. The company noted that NMV growth should be viewed in context of festive calendar shifts, with Diwali falling in mid-October 2025 compared to early November 2024, leading to some festival shopping shifting from Q3 to Q2.
As reported by The Economic Times, Meesho maintained a strong cash position with ₹7,277 crore cash balance, including ₹4,088 crore raised through its initial public offering in December. The company's founder and CEO Vidit Aatrey stated that Q3 results reflect the strength of Meesho's flywheel, with more users transacting more frequently. JPMorgan recently initiated coverage on Meesho with a positive stance, citing strong growth visibility and multiple monetisation levers, expecting the company's net merchandise value growth to outpace user growth.
