Brainbees Solutions announced its financial results for the first quarter ended June 30, 2026 (Q1 FY27), reporting a consolidated revenue growth of 13% year-on-year, reaching ₹2,106 crore. The company also saw a significant 34% improvement in loss reduction after tax on a consolidated basis. Key segments like India multi-channel and international business demonstrated robust performance, contributing to the overall positive financial outcome.
Brainbees Solutions Reports Strong Q1 FY27 Performance
Brainbees Solutions Limited, operating its e-commerce platform under the brand FirstCry, has announced its unaudited financial results for the first quarter of the financial year 2027 (Q1 FY27), ending June 30, 2026. The company reported a consolidated revenue growth of 13% year-on-year, with overall revenue from operations reaching ₹2,106 crore. This marks the strongest revenue growth in the last five years for the company on a consolidated basis.
Key Financial Highlights for Q1 FY27
- Consolidated Revenue: Grew by 13% year-on-year to ₹2,106 crore.
- Consolidated Business AUTC: Grew by 10% to 11.8 million.
- Consolidated GMV: Grew by 12% to ₹2,807 crore.
- Loss Reduction: Demonstrated a 34% improvement year-on-year on a consolidated basis in loss reduction after tax.
- Adjusted EBITDA: Grew to 4.24% (versus 4.98% in the prior year period), amounting to ₹289.3 crore.
- Consolidated Gross Margin: Improved to 36.5% from 38.5% in the prior year.
Segmental Performance
India Multi-Channel
The India multi-channel business, the core segment of the company, exhibited strong growth, with revenue increasing by approximately 17.7% year-on-year in Q1 FY27, which is its strongest growth in the last seven quarters. Initiatives like RocketBees and FC Qwik have contributed to improved turnaround times and customer experience. The overall India multi-channel business remained PAT positive for the quarter.
International Business
The international business saw a revenue growth of 12% year-on-year. The company focused on sustainable growth while reducing adjusted EBITDA losses by 22% compared to the previous year. Despite geopolitical disruptions in the Middle East, the business sustained healthy growth. Gross margin expansion was observed, with adjusted EBITDA losses improving by 320 bps in terms of revenue from 10% to 7%.
GlobalBees
GlobalBees revenue was almost flat for the quarter, attributed to a planned transition in one of its core brands. However, the margin profile for core brands remained strong, posting a 4.3% adjusted EBITDA margin. The company expects growth to bounce back starting in Q3 FY27 as the transition completes in Q2.
Pre-School Business
The pre-school segment demonstrated strong performance with a 47% growth in net revenue, from ₹13 crore to ₹19 crore. Adjusted EBITDA saw a 65% jump, from ₹3 crore to ₹5 crore in Q1 FY27.
Management Commentary
Mr. Supam Maheshwari, Managing Director & CEO, expressed satisfaction with the consolidated performance, highlighting the 13% revenue growth as the strongest in five years. He emphasized the company’s focus on sustainable growth, improving operational efficiencies, and strategic initiatives across all business verticals. The management is confident about the growth trajectory and profitability improvement in the upcoming quarters.
Source: BSE