FirstCry Posts Steep Q4 FY25 Loss Despite Strong Annual Revenue Growth


FirstCry Posts Steep Q4 FY25 Loss Despite Strong Annual Revenue Growth
  • FirstCry's net loss jumped to Rs   111.5 crore in Q4 FY25, more than doubling year-on-year.
  • FY25 revenue rose 18.2% YoY to Rs   7,659.6 crore, with full-year losses reduced by 17.6%.
  • Rs   72 crore approved for international operations in UAE and Saudi Arabia.

Pune-headquartered Brainbees Solutions, the parent company of India’s leading omnichannel children’s retailer FirstCry, reported a substantial increase in its net loss for the fourth quarter of FY25, even as it managed to improve its overall annual financial performance.

For the March 2025 quarter, the company posted a net loss of Rs   111.5 crore, more than twice the Rs   43.3 crore loss posted in the corresponding quarter of FY24. The loss was also almost a sevenfold spike from the Rs   14.7 crore loss in Q3 FY25. A one-time exceptional charge of Rs   36.7 crore was the main reason for this steep fall in quarterly profits.

In spite of this fall, Q4 operating revenue increased by 15.8% year-on-year to Rs   1,930.3 crore, but fell 11.1% sequentially from Rs   2,172 crore in Q3 FY25. Total expenses for the quarter mounted by 16.9% year-on-year, at Rs   1,914.3 crore, though below the last quarter's expense of Rs   2,046.4 crore.

On a full-year basis, Brainbees showed improvement in cost efficiency, being able to trim its net loss by 17.6% to Rs   264.8 crore, from Rs   321.5 crore in FY24. This was complemented by strong top-line growth, with annual operational revenue rising 18.2% year-on-year to Rs   7,659.6 crore. With other sources of income, total revenue for FY25 was Rs   7,810.1 crore.

To support its foreign expansion plan, Brainbees' board of directors has sanctioned an investment of a maximum of AED 32 million (around Rs   72 crore) in its Dubai subsidiary, FirstCry Management DWC LLC. SAR 28 million (around Rs   64 crore) will be used to aid its Saudi Arabian operations in the name of FirstCry Trading Company, and the rest of the amount will be used to drive growth strategies within the UAE through FirstCry Retail DWC LLC.

In addition, the board concluded its previous proposal to invest in GlobalBees Brands by committing to a subscription of CCPS worth Rs   146.0094 crore with a nominal incremental outgo of Rs   94,000.

This financial path reflects FirstCry's twin priority strengthening operational efficiency at home and pursuing aggressively global market share while at the same time facing the test of sustaining profitability in a capital-intensive retail environment.