Brainbees Solutions, the parent company of baby and mother care retailer FirstCry, saw its shares surge nearly 6% today following the announcement of improved financial performance in its Q3FY25 results. The company reported a substantial narrowing of its net loss to ₹14.7 crore, a 69.6% reduction from ₹48.4 crore in the year-ago period, driven by robust topline growth.
The company’s revenue from operations rose 14.3% YoY to ₹2,712.3 crore, compared to ₹1,900 crore in Q3FY24. The India business unit contributed significantly, with revenue jumping 15% to ₹1,510 crore. The international business also saw a modest increase, with revenue reaching ₹261 crore.
Operational Highlights:
- Total orders delivered rose 13% YoY to 11.1 million.
- Unique transacting customers surged 17% YoY to 9.8 million.
- Consolidated expenses grew to ₹2,064 crore, up from ₹1,841 crore.
Brainbees also announced an investment of ₹299.6 crore in its subsidiary Digital Age Retail Pvt Ltd. This strategic move, coupled with robust performance, indicates sustained growth momentum.
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