FirstCry’s Subdued Q4, Drools Is The New Unicorn & More

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FirstCry’s Profit Push Hits A Snag

After reporting a loss of INR 14.78 Cr in Q3 FY24, many believed FirstCry was turning the corner towards profitability. But in Q4 FY25, the kids-focussed retailer posted a sharp rise in losses — ballooning 8X QoQ to INR 111.5 Cr, primarily due to ESOP-related expenses.

Excluding ESOP costs and related taxes, the ecommerce giant would have reported a narrower loss of INR 29.2 Cr, compared to an adjusted profit of INR 90 Lakh in Q4 FY24.

Breaking down the Q4 losses:

  • Consolidated net loss jumped 157.8% YoY…



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FirstCry’s Subdued Q4, Drools Is The New Unicorn & More


FirstCry’s Profit Push Hits A Snag

After reporting a loss of INR 14.78 Cr in Q3 FY24, many believed FirstCry was turning the corner towards profitability. But in Q4 FY25, the kids-focussed retailer posted a sharp rise in losses — ballooning 8X QoQ to INR 111.5 Cr, primarily due to ESOP-related expenses.

Excluding ESOP costs and related taxes, the ecommerce giant would have reported a narrower loss of INR 29.2 Cr, compared to an adjusted profit of INR 90 Lakh in Q4 FY24.

Breaking down the Q4 losses:

  • Consolidated net loss jumped 157.8% YoY…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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