FirstCry Reports Q3 FY26 Financial Results and Announces Board Changes

Brainbees Solutions Limited , the parent company of FirstCry, has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, alongside significant board changes. The company's Board of Directors approved these results in their meeting held on February 13, 2026. Financial Performance Overview The company demonstrated revenue growth despite facing profitability challenges during the reporting period. Consolidated revenue from operations increased across both quarterly and nine-month periods compared to the previous year. Metric Q3 FY26 Q3 FY25 Change (%) 9M FY26 9M FY25 Change (%) Revenue from Operations ₹24,236.31 million ₹21,723.09 million +11.57% ₹63,852.76 million ₹57,292.99 million +11.45% Total Income ₹24,804.68 million ₹22,165.87 million +11.91% ₹65,287.69 million ₹58,313.08 million +11.96% Net Loss ₹384.04 million ₹147.38 million -160.55% ₹1,554.51 million ₹1,532.78 million -1.42% Basic EPS ₹(0.59) ₹(0.16) - ₹(2.27) ₹(2.49) - Segment-wise Performance The company operates through multiple business segments, with India multi-channel being the largest contributor to revenue. Revenue Breakdown by Segment (Q3 FY26): India multi-channel: ₹16,457.62 million Globalbees: ₹5,150.36 million International: ₹2,795.91 million Others: ₹107.79 million Standalone Results The standalone financial performance showed positive results, contrasting with the consolidated losses. Standalone revenue from operations reached ₹7,497.96 million for Q3 FY26 compared to ₹7,106.03 million in Q3 FY25. The company reported standalone profit of ₹462.12 million for the quarter versus ₹377.98 million in the corresponding previous quarter. Exceptional Items Impact The company reported exceptional items totaling ₹163.14 million for Q3 FY26, primarily due to: Impact on retirement benefits including new labour code: ₹139.56 million Loss due to non-recoverability of current assets: ₹11.41 million Other items: ₹12.17 million Board Changes Significant leadership changes occurred at the board level during the reporting period. Change Type Details Resignation Mr. Puneet Renjhen (DIN: 09498488) resigned as Non-Executive Director Appointment Ms. Saloni Jain Rana (DIN: 11489732) appointed as Non-Executive Additional Director Effective Date February 13, 2026 Reason Recasting of Board nomination by Mahindra & Mahindra Limited Ms. Saloni Jain Rana brings 17 years of experience in investment banking and currently serves as Vice President in Partnerships and Alliances at Mahindra and Mahindra Limited. She holds a post-graduate management degree from Indian Institute of Management Indore and a Bachelor of Engineering degree from V.J.T.I Mumbai. IPO Fund Utilization The company provided an update on the utilization of its IPO proceeds of ₹16,017.35 million. As of December 31, 2025, the company has utilized ₹7,751.48 million, leaving ₹8,265.87 million unutilized. Key areas of fund deployment include sales and marketing initiatives (₹1,647.80 million utilized), investment in subsidiaries, and technology infrastructure development. Firstcry (Brainbees Solutions) executives participated in the Kotak Institutional Equities - Chasing Growth 2026 Conference on February 25, 2026, engaging with analysts and investors in Mumbai. The company informed stock exchanges about the outcome of this investor meet through a regulatory filing. Conference Details The company's executives attended the conference in person, participating in both one-on-one and group meetings with various market participants. The event provided a platform for the company to interact with institutional investors and analysts. Parameter Details Conference Name Kotak Institutional Equities - Chasing Growth 2026 Conference Date Wednesday, February 25, 2026 Location & Mode Mumbai – In person Meeting Format One-on-One / Group Meeting Regulatory Compliance Brainbees Solutions Limited emphasized that no unpublished price sensitive information was shared or discussed during the meeting, ensuring compliance with regulatory guidelines. The company filed this information under Regulation 30, referencing an earlier intimation dated February 21, 2026. Corporate Communication The regulatory filing was signed by Mandar Joshi, Company Secretary & Compliance Officer, and submitted to both the National Stock Exchange of India Limited and BSE Limited. This disclosure demonstrates the company's commitment to maintaining transparency with stakeholders and adhering to stock exchange requirements for investor interaction reporting. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. 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