Meesho Q2: Brokerages expect sustained revenue growth; profitability in focus as festive spending rises

Meesho Q2: Brokerages expect sustained revenue growth; profitability in focus as festive spending rises



Meesho is expected to report strong revenue growth in the July-September quarter, with brokerages forecasting a 32-34% year-on-year (YoY) increase in operating revenue to around Rs 4,100 crore. However, the ecommerce marketplace is likely to continue reporting losses, with estimates ranging from Rs 127 crore to Rs 155 crore.Bank of America expects revenue of Rs 4,130 crore and a net loss of Rs 141 crore for the quarter. Jefferies estimates



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