Brainbees Solutions, the parent company of FirstCry, reported a consolidated net loss of Rs 46 crore for the April-June quarter of the financial year 2026. This marks a sharp drop from the Rs 57 crore net loss reported in the corresponding quarter of the previous financial year.
The firm’s revenue from operations meanwhile rose 13 percent on-year to Rs 1,863 crore in Q1 FY26. The company had earlier reported revenue from operations at Rs 1,652 crore in Q1 FY25. Expenses grew 14 percent on-year to Rs 1,603 crore during the quarter under review.
"We are happy to report 25% growth in Adjusted EBITDA for the Consolidated Business in Q1’FY26. Consolidated business also turned Free Cash Flow(2) positive in Q1’FY26," the firm said.
"Growth in this quarter in India Multi-Channel was moderated on account of broad based consumer slowdown and macro factors including challenges in last-mile delivery ecosystem and elevated geopolitical tension in North India. However, we witnessed encouraging signs of growth in the month of July. Our India Multi-Channel business continued to be PBT and Free Cash Flow positive in Q1’FY26 International business continued to deliver sustainable growth with 30% YoY improvement in Adjusted EBITDA. Globalbees delivered another strong quarter of organic growth, with core categories driving the growth momentum," it added.
Along with the Q1 results, the company announced that its board has approved the further investment of Rs 19.96 crore in Globalbees Brands Private Limited, a material subsidiary of the firm, using its IPO proceeds. Globalbees deals in various consumer segments including beauty, home care, personal care, nutrition and wellness, fashion jewellery, eyewear, health and fitness, sports, home and kitchen appliances.
Also read: Our LIVE blog on Q1 updates
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