MEESHO LIMITED

The earnings conference call for Meesho Limited on July 23, 2026, featured management discussing various operational aspects and financial performance. CEO Vidit Aatrey highlighted ongoing efforts to reduce logistics costs despite rising fuel prices and minimum wages, indicating a commitment to efficiency. He noted that Meesho Mall is growing faster than the overall platform, contributing significantly to ad revenue, although specific figures were not disclosed. The acquisition of Kirana Club was described as a long-term investment aimed at enhancing service to small retailers. Management also addressed the development of a low-cost logistics network tailored for perishable goods, emphasizing its importance for future growth. CFO Dhiresh Bansal provided insights into the impact of seasonality on growth rates and the company's strategy to maintain a balance between contribution margin and growth. Overall, management expressed confidence in their growth trajectory and operational strategies.

Management provided a balanced view of operational challenges and growth strategies.