Children’s retailer FirstCry trims quarterly loss and posts double-digit growth across key business segments in Q2 FY26
FirstCry’s net loss for the September quarter fell 20 per cent year-on-year to Rs 50.5 crore, compared with Rs 62.9 crore in the corresponding period last year and Rs 66.5 crore in the previous quarter.
Operating revenue for Q2 FY26 rose 10 per cent to Rs 2,099.1 crore and increased 13 per cent sequentially. Including other income of Rs 38.2 crore, total income reached Rs 2,137.3 crore.
Total expenses increased 10 per cent year-on-year to Rs 2,036.9 crore. Adjusted Ebitda rose 51 per cent to Rs 120.8 crore.
Gross merchandise value grew 11 per cent to Rs 2,819.2 crore, while the number of unique transacting customers increased 11 per cent to around 1.1 crore.
India Multi-Channel
Domestic operations remained the company’s largest contributor. Revenue grew 8 per cent to Rs 1,381.1 crore, while profit climbed 26 per cent to Rs 58.2 crore. The platform processed over 1 crore orders during the quarter, and its annual transacting user base increased 11 per cent to 1.1 crore.
International Business
Overseas revenue improved 13 per cent to Rs 235.7 crore. Losses narrowed sharply by 44 per cent to Rs 24.4 crore. Customer numbers and orders were steady at around 5 lakh. The company also debuted its first company-owned store in Saudi Arabia.
The roll-up subsidiary posted a 14 per cent revenue increase to Rs 492.9 crore. Losses eased 33 per cent to Rs 10.7 crore. The firm said growth was tempered by a planned restructuring of select brands, which will continue over the coming quarters.
