FirstCry parent Brainbees trims losses by 47% for Q2

Quick Summary:

Brainbees Solutions, which operates FirstCry and BabyHug and holds a majority stake in GlobalBees, has pared its losses down to Rs 62.9 crore for Q2 FY25.

The company reported a 26.4% increase in revenue on a consolidated basis.

The omnichannel retailer had set its IPO price band between Rs 440 - Rs 465 per equity share, and listed at a premium of 34% at Rs 625 apiece.

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Article Details

Author / Journalist: Payal Ganguly

Category: StartupsEconomyBusiness

Markets: India

Topics: Fy25 Crore Globalbees Revenue Firstcry Company Privacy Policy Basis Brands Brainbees

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 13:25:10 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 313 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 18 words per sentence (average)

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Copyright Owner: © YourStory

News ID: 23585810

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Official Website: yourstory.com

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