Brainbees Solutions Q1 Results Net Loss Widens to INR 756.86 Million, Revenue Reaches INR 16,788.70 Million

Brainbees Solutions Q1 Results 2024-2025: Brainbees Solutions, known for its popular online platform FirstCry, announced its financial results for the first quarter of 2024-2025 on August 30, 2024.

The company reported a slight increase in revenue, with total income reaching INR 16,788.70 million, a marginal rise of 0.72% compared to INR 16,668.53 million in the previous quarter. However, compared to the same quarter last year, the revenue showed a decrease of 3.27%, reflecting a challenging period for the company.

In terms of profitability, Brainbees Solutions experienced a notable dip. The company reported a loss before tax of INR 697.65 million for Q1 2024-2025, which is a significant increase from the loss of INR 518.11 million in the previous quarter.

Year-over-year, the loss has worsened, with the Q1 2024-2025 loss being 34.6% higher than the loss reported in Q1 2023-2024. Despite these financial challenges, the company's strong market presence and extensive product range continue to support its operations.

For More Q1 results check our Twitter Page

Brainbees Solutions Q1 Results 2024 - 2025

The table below provides an overview of key financial metrics for the quarter ended June 30, 2024, including comparisons with the previous quarter and the same quarter last year.

Source: Click Here

Brainbees Solutions Current Market Overview

Brainbees Solutions, which operates the FirstCry platform, has a market capitalization of ₹32,540 crore. The company's stock is currently priced at ₹627, with recent highs of ₹708 and lows of ₹619 over the past year.

Despite its strong presence in the market, the company is facing financial challenges, as indicated by a negative Return on Capital Employed (ROCE) of -4.00% and a negative Return on Equity (ROE) of -8.30%. The stock does not offer a dividend yield at the moment.

Quarterly Results

The table below outlines key financial metrics, including sales, expenses, operating profit, and net profit, providing insight into the company's performance trends over these periods.

About Brainbees Solutions

Brainbees Solutions, founded in 2010, is a prominent player in India's e-commerce sector, specializing in products for mothers, babies, and kids through its flagship platform, FirstCry. Recognized as the leading multi-channel retailer in its niche, the company boasts the highest Gross Merchandise Value (GMV) in its sector, reflecting its robust market position and extensive product range.

With a diverse portfolio that includes over 1.5 million SKUs from more than 7,500 brands, FirstCry offers everything from apparel and toys to baby gear and personal care items. Its extensive distribution network spans mobile apps, websites, and a substantial number of physical stores across India, reinforcing its role as the largest specialty retailer for children’s products in the country.

Check our website for more Q1 results.