Meesho reported 43% YoY growth in Q4FY26 NMV to ₹11,371 crore, while losses narrowed approximately 66% during the quarter. Order volumes rose 43% to 717 million and contribution margin recovered to 4% of NMV. Annual transacting users increased 33% to 264 million, while FY26 NMV stood at ₹41,560 crore.