The company’s consolidated net loss has increased to Rs 111.5 crore in the quarter ended 31 March 2025 from Rs 43.2 crore in Q4FY24
Reporting a subdued performance, Brainbees Solutions, the parent company of FirstCry, has seen its net losses widen in the fourth quarter of the fiscal year 2025 (Q4FY25). The company’s consolidated net loss increased to Rs 111.5 crore in the quarter ended 31 March 2025 from Rs 43.2 crore in Q4FY24.
However, the financial results revealed that the consolidated revenue from operations surged to Rs 1,930.31 crore in the recently concluded quarter from Rs 1,666.85 crore in Q4FY24. In FY25, the company reported a jump in revenue from operations, which grew to Rs 7,659.61 crore in FY25 as compared to Rs 6,480.85 crore in FY24. The company’s net loss dipped to Rs 264.8 crore in FY25 from Rs 321.52 crore in FY24.
The company’s India multi-channel business crossed USD one billion gross merchandise value (GMV) with 16 per cent growth in orders in FY25, the company stated in an investor presentation. The annual unique transacting customers grew 17 per cent YoY in Q4FY25. The India multi-channel business clocked 15 per cent revenue, reaching Rs 5,278.5 crore in FY25. In QFY25, the business’s revenue was at Rs 1,337.3 crore.
On the international business front, the revenue grew 11 per cent YoY to Rs 205.4 crore in Q4FY25 from Rs 184.7 crore in Q4FY24. The international segment’s annual unique transacting customers grew 14 per cent YoY in Q4FY25.
In furtherance to the approval granted by the Board on 25 March 2025, the Board has approved an incremental investment in Globalbees Brands, a subsidiary of the company. The board and Audit Committee in their respective meetings held on 25 March 2025, approved to make an investment in Globalbees, by way of subscription to compulsory convertible preference shares, in one or more tranches, for an amount not exceeding Rs 146 crore.
