Meesho Limited has announced its unaudited financial results for the quarter and six months ended September 30, 2026. The company reported its financial performance, approved the appointment of Mr. Sudhir Ganesh Sitapati as an Additional Director (Non-Executive Independent), and authorized an additional investment of up to USD 1,00,000 in its wholly-owned subsidiary, Meesho Networks LLC. The Board meeting concluded on October 28, 2026.
Meesho Reports Financial Results and Key Approvals
Meesho Limited has officially released its unaudited financial results for the second quarter and the first six months of the fiscal year ended September 30, 2026. The company’s Board of Directors convened on October 28, 2026, to review and approve these financial statements, along with other significant corporate actions.
Financial Performance Highlights
The reported unaudited standalone financial results indicate a total income of ₹29,297.38 million for the quarter ended September 30, 2026, compared to ₹20,932.65 million in the prior year’s quarter. For the six-month period ended September 30, 2026, total income stood at ₹46,041.00 million. Profit after tax for the quarter was ₹1,895.25 million, and for the six-month period, it was also ₹5,432.95 million. The unaudited consolidated financial results also reflect these performance trends.
Board Approves Key Appointments and Investments
In a significant governance move, the Board approved the appointment of Mr. Sudhir Ganesh Sitapati (DIN: 09197063) as an Additional Director in the capacity of Non-Executive Independent Director. This appointment is effective from October 28, 2026, for a term of five years, subject to shareholder approval. Mr. Sitapati’s profile highlights over 25 years of experience in the FMCG and consumer goods industry, with past leadership roles at Godrej Consumer Products Limited and Hindustan Unilever Limited.
Furthermore, the Board authorized an additional investment of up to USD 1,00,000 (United States Dollars One Hundred Thousand Only) in Meesho Networks LLC (‘MNL’), a wholly-owned subsidiary. This investment is intended to support MNL’s strategic growth, business expansion, and capital requirements. MNL is focused on commercializing artificial intelligence technologies and solutions.
Committee Reconstitutions
Following Mr. Sitapati’s appointment, the composition of the Audit Committee, Nomination and Remuneration Committee, and Corporate Social Responsibility Committee of the Board has been reconstituted, with Mr. Sitapati appointed as a member to each of these committees.
Meeting Details
The Board meeting commenced at 03:30 p.m. (IST) and concluded at 04:20 p.m. (IST) on October 28, 2026. The information presented in these results will be made available on the company’s website at investor.meesho.com.
Source: BSE
