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Results · Commerce & Consumer Brands

FirstCry narrows quarterly loss as revenue grows

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Date
Company
FirstCry
What it does
Online baby and kids retailer
Kind
Results
Sector
Commerce & Consumer Brands

What they do

FirstCry sells baby products online and offline in India

What happened

Q1 FY26 net loss narrowed 35% YoY to ₹44 Cr on ₹2,106.2 Cr revenue

Why it matters

International margins improved and delivery services expanded to new cities

The details

  • FirstCry reported Q1 FY26 financial results for the quarter ending June 2026.
  • The company's consolidated net loss narrowed by 35% year-on-year to ₹44 Cr.
  • This compares to a loss of ₹66.5 Cr in the same period last year.
  • Sequentially, the loss declined by about 9% from ₹48.2 Cr in the previous quarter.
  • Consolidated operating revenue rose 13% year-on-year to ₹2,106.2 Cr.
  • Revenue saw a slight sequential dip of 3% from ₹2,162.7 Cr.
  • Total income including other income stood at ₹2,153.1 Cr.
  • The company expects structurally elevated growth rates in subsequent quarters.

The bigger picture

  • This marks the strongest consolidated revenue growth in the last five quarters.
  • India business achieved its best revenue growth in seven quarters.
  • Adjusted EBITDA turned positive at ₹89.3 Cr, showing operational improvement.

About the business

  • FirstCry is an online retailer specializing in baby and kids products in India.
  • It also operates physical stores and preschools across the country.
  • Product categories include clothing, toys, diapers, feeding items, and nursery supplies.
  • The company offers same-day and next-day delivery in select areas.
  • Its India business generated ₹1,456 Cr, up 18% year-on-year.
  • International business revenue was ₹232.1 Cr, growing 12% year-on-year.
  • GlobalBees vertical revenue was ₹424.3 Cr with adjusted EBITDA profit of ₹16.7 Cr.
  • Gross merchandise value (GMV) grew 12% to ₹2,807.2 Cr.
  • The company served 11.8 Mn customers during the quarter.

What happens next

  • The company expects structurally elevated growth rates in subsequent quarters.

Founders

  • Supam Maheshwari, Founder

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