Press Trust Of India POSTED ON December 29, 2023 3:18 PMSoftbank-backed Meesho on Friday said it became the first e-commerce unicorn to post consolidated profit after tax in the second quarter ended September 2023. The company did not disclose the amount of profit it earned in the July-September period. During the first-half period of the current financial year, the company reported a narrowing of losses to Rs 141 crore and an increase in revenue by 37 per cent on a year-over-year basis to Rs 3,521 crore. “Meesho recorded its first-ever full-quarter profitability in the second quarter of financial year 2024 and continues to…
Meesho Turns Profitable with Rs 141 Crore Loss Dip in FY24’s First Half – Outlook Startup
