Results
Brainbees Solutions reports wider loss in Q3
By Startup Enthusiast ·
- Date
- Company
- Brainbees Solutions
- What it does
- Online baby products retailer
- Kind
- Results
What they do
Brainbees Solutions runs FirstCry, an online marketplace for baby and kids products
What happened
The company reported a net loss of ₹82 crore for the December quarter, wider than last year
Why it matters
Revenue grew 14% to ₹595 crore, but higher expenses pushed the loss deeper. sector: commerce tags: [
The details
- Brainbees Solutions, the parent company of FirstCry, reported its financial results for the December quarter.
- The company posted a net loss of ₹82 crore, wider than the ₹45 crore loss in the same quarter last year.
- Revenue from operations rose 14% to ₹595 crore from ₹522 crore a year ago.
- Total expenses increased to ₹697 crore from ₹583 crore, driven by higher marketing and employee costs.
- The company's EBITDA (earnings before interest, taxes, depreciation and amortisation) turned negative at ₹11 crore, compared to a positive ₹5 crore last year.
- Brainbees Solutions went public in August 2025 through an initial public offering (IPO).
The bigger picture
- The results come after the company's IPO in August 2025, which raised about ₹1,900 crore.
- Investors are watching whether FirstCry can turn profitable as it expands its omnichannel presence with physical stores.
- The wider loss signals that the company is still in an investment phase, spending on growth and brand building.
About the business
- Brainbees Solutions operates FirstCry, India's largest online retailer for baby and kids products.
- The platform sells toys, clothing, diapers, feeding supplies, and furniture for children up to age 10.
- It also runs physical stores under the FirstCry brand in over 500 cities across India.
- The company makes money through commission from sellers on its marketplace and direct sales of its own private labels.
- FirstCry competes with Amazon India, Flipkart, and Hopscotch in the kids segment.
Founders
- Supam Maheshwari, Co-founder & CEO
Other articles talking about it
More on Brainbees Solutions
Same day
- Yoga Bar crosses ₹200 crore revenue in FY2518 February 2026 · Results
- GoBoult Audio reports Rs 763 crore revenue and Rs 24 crore profit in FY2518 February 2026 · Results · ₹24 crore
- Vervesemi raises $10 Mn in Series A round18 February 2026 · Funding · $10 Mn (approx ₹90.7 Cr)
- Stable Money raises $25m in pre-Series C round18 February 2026 · Funding · $25M
- Qualcomm Ventures launches $150M AI fund for India18 February 2026 · New fund · $150 Mn
- RenewCred launches to improve carbon credit credibility with real-time data18 February 2026 · Funding · $467K