FirstCry’s Q2 loss shrinks 75% to ₹12.6 Cr as revenue jumps 14%
FirstCry’s parent company, Brainbees Solutions, announced a sharp turnaround in its second-quarter results. Net loss shrank by 75% year-on-year to ₹12.6 crore, while revenue rose 14% to ₹2,396 crore. Expenses grew just 12.3%, the slowest pace in five quarters, giving investors a clearer path to profitability before the company’s planned public listing.
Editor, Lazyfounder
30 SEC SUMMARY
- FirstCry, the Pune-based baby and kids’ retailer, slashed its net loss by 75% year-on-year to ₹12.6 crore in Q2 FY27.
- Revenue climbed 14% to ₹2,396 crore, while costs rose just 12.3%, narrowing the gap between spending and earnings.
- Material costs were the biggest expense, jumping 17% to ₹1,554 crore, but employee and ESOP costs fell sharply.
- FirstCry’s net loss for the first half of FY27 halved to ₹56.5 crore, putting it on track for its first full-year profit.
TABLE OF CONTENTS
FirstCry slashes Q2 net loss by 75% as revenue jumps 14%
FirstCry’s parent company, Brainbees Solutions, reported a 75% year-on-year drop in its consolidated net loss for the July-to-September quarter, trimming it to ₹12.6 crore. Revenue climbed 14% to ₹2,396 crore, while total expenses rose only 12.3% to ₹2,439 crore. The numbers were published on 14 November and covered by Inc42 and Entrackr.
Quarterly revenue and loss trends
The company’s operating revenue hit ₹2,396 crore, up from ₹2,099 crore in the same period last year. Including ₹42 crore of other income, total income reached ₹2,438 crore. Compared with the June quarter, revenue rose 13.7% from ₹2,106 crore, and the net loss narrowed 71.4% from ₹43.9 crore.
Costs rise slower than sales for the first time
Procurement of goods remained the biggest expense, rising 17% year-on-year to ₹1,554 crore. Employee benefit costs fell 11% to ₹181 crore, and ESOP expenses dropped 58% to ₹24.9 crore. Other expenses grew 13% to ₹568 crore, while finance costs dipped to ₹39 crore.
First-half results show net loss cut in half
In the first six months of FY27, FirstCry’s revenue from operations totalled ₹4,502 crore, up 13.6% from ₹3,962 crore in H1 FY26. Net loss for the same period halved to ₹56.5 crore from ₹117 crore a year earlier.
What this means
Lazyfounder analysis — our interpretation, not reported fact.
FirstCry’s numbers show it is turning the corner just as it prepares to list. The 14% revenue growth outpacing a 12% rise in costs means each rupee earned is costing less, which is what public-market investors look for in a consumer-tech IPO. If the trend holds, the company could post its first annual profit since launch.
Key takeaways
- FirstCry cut its net loss by 75% year-on-year to ₹12.6 crore, even as revenue grew 14% to ₹2,396 crore.
- Total expenses rose only 12.3%, slowing faster than sales grew—evidence of tighter cost control.
- Sequential gains matter: revenue jumped 13.7% from Q1, while net loss shrank 71%, signalling steady execution.
- The first-half net loss was cut in half to ₹56.5 crore, putting the company on pace to turn profitable for the full year.
Related on Lazyfounder
Sources
- Inc42 · 2026-11-14
FirstCry Q2 Net Loss Narrows 75% YoY To ₹12.6 Cr, Revenue Up 14% - Entrackr · 2026-11-14
FirstCry nears Rs 2,400 Cr revenue in Q2 FY27, losses narrow 75%
This story is an original summary drafted with AI by Lazyfounder from the reporting listed above and checked by automated validation. Facts are attributed to their original publishers; sections marked as analysis are Lazyfounder's. Where a source is in another language, facts were machine-translated and quotations are reported, not reproduced. Read the original coverage via the links, and see our AI policy and corrections policy.
About the author
Editor, Lazyfounder
Tarun Mottlia edits LazyFounders, covering Indian startups, funding rounds, AI and product launches. Every story on the site is AI-assisted and checked against its cited sources before publication.
More stories by Tarun MottliaGet the LazyFounder Brief
Startup, funding and AI news in a five-minute read. Join the early-access list.
