Shares of Meesho closed 1.3% higher on the NSE after the company filed its Q2 earnings, amid a 17% jump in orders to 819 million.
The platform's Net Merchandise Value climbed 23% YoY to ₹12,911 crore, reflecting a stronger seasonal demand across its categories.
Meesho posted a net loss of ₹132 crore, a 68% reduction from ₹411 crore in the same period last year, while its contribution margin widened to 6.0% of NMV from 4.6% the previous quarter.
Free cash flow swung positive at ₹345 crore, reversing a ₹226 crore outflow in the prior quarter, thanks to seasonal working‑capital benefits. Cash reserves stood at ₹7,048 crore as of September 30.
The firm has not yet provided guidance for Q3, which will be released in December; analysts are watching its content‑commerce expansion and AI‑driven engineering gains for potential upside.