Shares of Brainbees Solutions witnessed a significant upswing in Tuesday’s trading session, jumping 15% amid strong investor interest. As of 1:41 PM, the shares were trading 14.05% higher at Rs 389.20.

The stock opened at ₹341.25 and climbed to an intraday high of ₹392.90 before settling within the day’s range of ₹340.05 to ₹392.90.

Despite today’s rally, the stock remains well below its 52-week high of ₹734.00. However, it has rebounded considerably from its 52-week low of ₹286.05, marking a positive short-term trend.

Brainbees Solutions Q4 Results

Brainbees Solutions, the parent company of FirstCry, reported a robust 15.84% year-on-year increase in revenue, reaching ₹1,930 crore for the latest financial period, up from ₹1,666 crore the previous year. Despite this top-line growth, profitability metrics took a significant hit.

The company’s EBITDA dropped by 51.51%, falling to ₹16 crore from ₹33 crore a year earlier. As a result, the EBITDA margin shrank by 115 basis points, landing at 0.82% compared to the previous 1.98%.

Adding to the concerns, Brainbees reported a net loss of ₹76.7 crore, deepening from the ₹51.7 crore loss in the same period last year. The financials also revealed an exceptional loss of ₹36.7 crore this quarter, contributing further to the bottom-line decline.

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TOPICS: Brainbees solutions