Kids-focussed omnichannel retailer FirstCry’s parent Brainbees Solutions’ consolidated net loss surged 157.8% to INR 111.5 Cr in Q4 FY25 from INR 43.3 Cr in the year-ago quarter. Sequentially, net loss jumped 656.7% from INR 14.7 Cr in the previous quarter.
The company incurred a one-time exceptional loss of INR 36.7 Cr during the quarter under review, which was one of the reasons for the rise in its net loss.
Meanwhile, operating revenue grew 15.8% to INR 1,930.3 Cr in Q4 FY25 from INR 1,666.8 Cr in the year-ago quarter. However, revenue declined 11.1% quarter-on-quarter (QoQ) from INR 2,172.09 Cr.
Total expenses for Q4 FY25 stood at INR 1,914.3 Cr, up 16.9% from INR 1,637.4 Cr in Q4 FY24. However, expenses declined 6.5% QoQ from INR 2,046.4 Cr in Q3 FY25.
For the full year FY25, Brainbees Solutions’ loss declined 17.6% to INR 264.8 Cr from a loss of INR 321.5 Cr in FY24. Revenue from operations rose 18.2% to INR 7,659.6 Cr from INR 6,480.9 Cr in FY24.
(The story will be updated soon.)
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