FirstCry Q2 Revenue Up 14%, Loss Narrows to ₹12.6 Crore

E-commerce warehouse with kids products on shelves

Synopsis: Brainbees Solutions, which runs FirstCry, reported consolidated revenue from operations of ₹2,395.83 crore for the September quarter, up 14.1% year on year. Its loss narrowed to ₹12.59 crore from ₹50.54 crore, and the loss before tax shrank to just ₹3.82 crore.

Brainbees Solutions Limited, the parent of baby and kids retailer FirstCry, approved its unaudited results for the quarter ended 30 September 2026 at a board meeting on 14 November. Consolidated revenue from operations rose to ₹2,395.83 crore from ₹2,099.08 crore a year earlier, a 14.1% increase (EQMint calculation).

Losses shrink sharply

The loss for the quarter narrowed to ₹12.59 crore from ₹50.54 crore in Q2 FY26. The loss attributable to owners of the parent fell to ₹6.57 crore from ₹35.05 crore. Loss before tax was ₹3.82 crore, against ₹41.28 crore a year earlier.

Profit before finance costs, depreciation, amortisation and tax, the filing’s closest line to EBITDA, rose 33.9% to ₹134.44 crore from ₹100.40 crore. As a share of revenue, that is about 5.6%, up from 4.8% (EQMint calculation). For the half year, revenue rose 13.6% to ₹4,502.06 crore.

Portfolio clean-up at GlobalBees

The day before, the company disclosed that its subsidiary GlobalBees Brands bought the remaining 10.09% of Dynamic IT Solution, which sells fitness equipment under the Strauss brand, for ₹1.02 crore in cash, taking its holding to 100%. The results filing also notes that GlobalBees signed an MoU on 7 October to sell its entire stake in Mush Textiles, with the deadline extended to 30 November.

Why it matters

FirstCry is close to breakeven at the pre-tax level: the quarter’s loss before tax was about one-tenth of last year’s. With revenue growing in the mid-teens and operating margin widening, the next milestone for the listed startup is a full quarter of profit.

Sources

Disclaimer: This article is for information purposes only and is not investment advice.

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