FirstCry managed to narrow its consolidated net loss by 47.4% to INR 62.85 Cr in the second quarter of the ongoing fiscal year (Q2 FY25) from INR 119.41 Cr in the year-ago quarter
Revenue from operations jumped 26.7% to INR 1,935.85 Cr during the quarter under review from INR 1,527.68 Cr in Q2 FY24
Total expenditure grew 22.2% YoY and 15.2% QoQ to INR 1,847.88 Cr in the September quarter
Kids-focused omnichannel retailer FirstCry
managed to narrow its consolidated net loss by 47.4% to INR 62.85 Cr in the second quarter of the ongoing fiscal year (Q2 FY25) from INR 119.41 Cr in the year-ago quarter, on the back of a strong growth in its top line.
On a sequential basis, loss declined 16.9% to INR 75.69 Cr.
Revenue from operations jumped 26.7% to INR 1,935.85 Cr during the quarter under review from INR 1,527.68 Cr in Q2 FY24. On a quarter-on-quarter (QoQ) basis, this was a 15.3% increase from INR 1,678.87 Cr.
The company said its adjusted EBITDA for the quarter stood at INR 80.1 Cr, up 66% year-on-year (YoY).
Total expenditure grew 22.2% YoY and 15.2% QoQ to INR 1,847.88 Cr in the September quarter.
(This is a breaking story, will be updated soon.)
