Meesho records its first-ever profit, but won’t share a number

The e-commerce platform’s claim, for just one month, comes soon after it announced layoffs and on the back of a Rs 3,247 crore loss in FY22.

8 August, 20231 min
0
Google Preferred Source Badge
Getting your Trinity Audio player ready...
Meesho records its first-ever profit, but won’t share a number

You may also like

Business
Story image

UAE outgrows its emerging-market label

JPMorgan will phase out the country from its emerging-market bond indices by June. Separately, Al Habtoor Group preps for a fight against Lebanon and Saudi makes a new gaming play.

Business
Story image

This is what will dictate Waaree’s future

The solar module maker must fix a key metric—its cell utilization—before embarking on a costly capacity surge that can strain its balance sheet.

Business
Story image

India’s coal plants are throttling its green transition

A recent government report reveals how stubborn reliance on rigid coal plants is costing the country millions in wasted solar generation.