FirstCry Reports Significant Revenue Growth in FY27

FirstCry has announced an impressive 14.1% year-on-year revenue growth within Q2 FY27. In addition, the company successfully reduced its losses by 75% during this quarter. Revenue from operations rose to Rs 2,396 crore in Q2 FY27, compared to Rs 2,099 crore in the same quarter of the previous year.

Financial Overview of FirstCry

In assessing quarterly performance, FirstCry’s revenue from operations grew by 13.8%, increasing from Rs 2,106 crore in Q1 FY27 to Rs 2,396 crore in Q2 FY27. The Pune-based retailer also generated Rs 42 crore from other income, bringing total income in Q2 FY27 to Rs 2,438 crore.

Breakdown of Expenses

Material procurement stood as the largest expense, experiencing a year-on-year rise of 16.9%, escalating to Rs 1,554 crore in Q2 FY27 from Rs 1,329 crore last year. Conversely, employee benefit expenses saw a decrease of 10.8%, falling from Rs 203 crore in Q2 FY26 to Rs 181 crore in the current financial year.

Depreciation and Other Costs

Depreciation expenses also showed a slight decline of 1.5%, amounting to Rs 97 crore, while finance costs reduced to Rs 39 crore during this quarter. Other expenses increased by 12.6% year-on-year, rising to Rs 568 crore in Q2 FY27 from Rs 504.5 crore in the previous year.

Overall Financial Performance

Implementing these changes, FirstCry’s total expenses grew by 12.3% year-on-year, reaching Rs 2,439 crore as opposed to Rs 2,171 crore in Q2 FY26. On the profitability front, the company reduced its net loss by 75% to Rs 12.6 crore in Q2 FY27 compared to Rs 50.5 crore in the previous year.

First Half of FY27 Performance

Overall, FirstCry’s revenue from operations increased by 13.6% in the first half of FY27, climbing from Rs 3,962 crore in H1 FY26 to Rs 4,502 crore. The company’s net loss for this six-month span narrowed down by 51.7%, from Rs 117 crore in the previous year to Rs 56.54 crore this year.