FirstCry is making headlines as Brainbees Solutions, its parent company, announces a remarkable 12% year-on-year growth in revenue for the quarter ending March 2026. The company successfully cut its losses by 57%, resulting in losses of Rs 48 crore during this time. FirstCry’s operational revenue surged to Rs 2,163 crore in Q4 FY26, up from Rs 1,930 crore in Q4 FY25, based on unaudited financial records provided by the National Stock Exchange (NSE). However, on a quarterly comparison, the revenue from operations saw a decline of 11%, dropping from Rs 2,424 crore in Q3 FY26.
Highlights
Revenue Drivers for FirstCry
Sales through both offline and online channels in the Indian market served as the primary revenue source for the company, contributing Rs 1,490 crore, which equates to 69% of the total operating revenue for the quarter. Additionally, international operations contributed Rs 225 crore to this figure.
Contributions from Subsidiaries
The subsidiary GlobalBees played a significant role, adding Rs 460 crore to the total revenue. Moreover, interest income for the quarter amounted to Rs 41 crore, leading to an overall income of Rs 2,203 crore.
Annual Revenue Performance
For the entire fiscal year FY26, FirstCry noted a consistent 12% year-on-year growth in operating revenue, amounting to Rs 8,548 crore.
Cost Structure Analysis
In terms of expenditure, the Pune-based company recorded material procurement as the largest cost category, making up more than 63% of the total expenses during the quarter. This expense rose by 16% year-on-year, climbing to Rs 1,398 crore in Q4 FY26, compared to Rs 1,206 crore during the same period last year.
Employee benefit costs saw a reduction of 17%, totalling Rs 191 crore, which included Rs 49 crore attributed to ESOP-related expenses. Other overheads, including marketing, legal, rent, and technology, contributed to the overall expenditure of Rs 2,233 crore in Q4 FY26.
Losses Reduction
The increase in revenue enabled FirstCry to significantly reduce its losses, which were Rs 48 crore in Q4 FY26, down from Rs 111.5 crore during the same quarter the previous year. Over the full fiscal year FY26, losses were slashed to Rs 203 crore from Rs 265 crore in FY25.
Current Market Position
At the end of today’s trading session, FirstCry’s share price registered at Rs 235.8 per share, culminating in a total market capitalisation of Rs 12,310 crore (approximately $1.3 billion).