Meesho’s 2nd qtr loss narrows 68% to 132cr

BENGALURU: E-commerce company Meesho’s net loss narrowed 68% to Rs 132.4 crore in the Sept quarter from Rs 411.4 crore a year earlier, as revenue grew faster than expenses. Total income rose 31% to Rs 4,259 crore from Rs 3,254.9 crore. Revenue from operations increased 34% to Rs 4,131.6 crore. The loss was nearly unchanged from Rs 132.8 crore in Q1. Total expenses rose 24% year on year to Rs 4,382.3 crore.You use AI every day. Now get your AI Quotient. Take the AIQ test.