Brainbees Solutions Reports Financial Performance for FY25
Brainbees Solutions, the parent organisation of the children-focused omnichannel retailer FirstCry, has published its quarterly financial report for the year ending March 2025. The findings indicate a degree of growth, showcasing a 16% increase year-on-year in scale, although losses have risen significantly by 74%.
FirstCry’s operational revenue escalated to Rs 1,930 crore in Q4 FY25, an increase from Rs 1,667 crore recorded in Q4 FY24, as presented in its financial disclosures from the National Stock Exchange.
During the entire fiscal year (FY25), BrainBees’ operating income grew by 18%, reaching Rs 7,660 crore compared to Rs 6,481 crore in FY24. The majority of the revenue stemmed from product sales via both offline outlets and digital platforms within India and the international market, representing 69% of total operating income. Additionally, the subsidiary, GlobalBees, contributed Rs 398 crore in income for Q4 FY25, alongside Rs 48 crore from interest, cumulatively raising total revenue to Rs 1,979 crore in Q4 FY25, compared to Rs 1,685 crore in the same quarter last year.
For the omnichannel retailer, material procurement costs constituted 58% of total expenditures, escalating by 14% quarter-on-quarter to Rs 1,206 crore in Q4 FY25 from Rs 1,055 crore in Q4 FY24. Employee benefits for FirstCry were reported at Rs 229 crore for Q4 FY25, inclusive of Rs 82 crore attributed to ESOP costs.
Key overheads such as marketing, legal, rent, and technology expenses led to a total expenditure increase to Rs 2,060 crore in Q4 FY25, compared to Rs 1,737 crore in the same period the previous year. The total expenses for the fiscal year concluding in March 2025 surged to Rs 7,992 crore.
BrainBees’ losses soared by 74% to reach Rs 75 crore in Q4 FY25. For the full year FY25, total losses amounted to Rs 215 crore, a decrease from Rs 321 crore in FY24. Notably, exceptional items totalling Rs 37 crore have been excluded from the loss evaluation.
BrainBees made its stock market debut at Rs 446 and is currently trading at Rs 376.5 as of May 26, leading to a total market capitalisation of Rs 19,631 crore.
