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Meesho stock jumps 6% on MSCI inclusion hopes as Jefferies backs profitable growth
Meesho reported Q1 FY27 revenue up 48.3% to Rs 3,713 crore, while its net loss halved to Rs 132.8 crore from Rs 289.3 crore. Management expects 25% NMV CAGR over the next 5 years, and Jefferies maintains a buy rating.
- Q1 FY27 revenue
- ₹3,713 crore
- up up 48.3%
- Q1 FY27 net loss
- ₹132.8 crore
Reported figures
From the report. Source details below
| Q1 FY27 NMV growth: | 34% |
|---|---|
| Contribution margin as share of NMV: | 4.6% |
| Investment in Meesho Groceries: | Rs 75 crore |
| Potential MSCI inflows: | $240 million |