Meesho claims to be profitable as of July 2023
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Meesho on Monday claimed that it turned profitable and posted a consolidated profit after tax (PAT) as of July 2023. “The company has attained profitability at a consolidated PAT level, encompassing all costs (including ESOP), across all its divisions and categories. Setting out on its ambitious path to profitability last year, Meesho accomplished this industry-first feat well ahead of the expected timeline, as of July’ 23,” the startup said.