Home / Business and Economy / FirstCry Narrows Loss by 75% in Q2 FY27
FirstCry Narrows Loss by 75% in Q2 FY27
14 Nov
Summary
- FirstCry's net loss reduced by 75.1% to ₹12.6 Cr in Q2 FY27.
- Operating revenue climbed 14.1% year-over-year to ₹2,395.8 Cr.
- Expenses grew 13.1% YoY, but ESOP costs saw a significant decrease.
Brainbees Solutions, the parent company of FirstCry, reported a substantial improvement in its financial standing for the second quarter of fiscal year 2027 (Q2 FY27). The company successfully narrowed its net loss by 75.1% year-over-year, reporting a loss of ₹12.6 Cr, a significant improvement from ₹50.5 Cr in the same quarter last fiscal year.
Consolidated operating revenue for the quarter grew by 14.1% compared to the previous year, reaching ₹2,395.8 Cr. Total income, boosted by other income, increased to ₹2,437.6 Cr. Sequentially, operating revenue also saw a healthy increase of 13.7% from the preceding quarter.
Despite an overall increase in total expenses by 13.1% to ₹2,303.2 Cr year-over-year, FirstCry benefited from a considerable 57.5% decrease in ESOP expenses during the period. This combination of revenue growth and controlled expenses, particularly ESOP-related costs, contributed to the narrowed net loss.
