Daijiworld Media Network – Pune
Pune, May 27: Brainbees Solutions Ltd, the parent company of popular mother and child care platform FirstCry, reported a net loss of Rs 111.5 cr in the fourth quarter of FY25, a sharp rise from Rs 43.2 cr in the same period last year. However, the company’s annual loss narrowed by 18%, closing FY25 with a consolidated net loss of Rs 264.8 cr, compared to Rs 321.5 cr in FY24.
In the preceding quarter (Q3), the company had posted a loss of Rs 14.7 cr.
Despite the widening Q4 loss, FirstCry’s revenue from operations surged 16% to Rs 1,930.3 cr from Rs 1,668.9 cr a year earlier. For the full year, operational revenue rose 19% to Rs 7,810.1 cr from Rs 6,550 cr in FY24.
In its investor presentation, the company expressed optimism, stating, “We are very happy to report that India Multi-channel business turned PAT and Free Cash Flow positive in FY25. We remain very optimistic and will keep working hard to deliver on both growth and profitability expansion for all business segments.”
The board has also approved fresh investment in its subsidiary GlobalBees Brands, committing up to Rs 146 cr via Compulsory Convertible Preference Shares to fuel growth across tranches. Additionally, it sanctioned more funds to support FirstCry’s international expansion strategy.
GlobalBees, in which Brainbees holds a 50.73% stake, follows a Thrasio-style model by acquiring and scaling smaller ecommerce brands.
Shares of Brainbees Solutions closed 0.52% higher on Monday at Rs 375.75 apiece.