Brainbees Solutions Limited announced the outcome of its Board meeting held on February 13, 2026. The Board approved the Un-audited Financial Results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2025. Furthermore, the meeting noted the resignation of Non-Executive Director Mr. Puneet Renjhen and approved the appointment of Ms. Saloni Jain Rana as the new Non-Executive Additional Director (Nominee of Mahindra & Mahindra Limited).
Board Meeting Outcomes Announced
Brainbees Solutions Limited informed exchanges about the key decisions taken during the Board of Directors meeting held on Friday, February 13, 2026. The meeting confirmed the financial performance for the period ending December 31, 2025, and approved changes to its board composition.
Financial Results for Q3 FY2025-26
The Board approved the Un-audited Financial Results (Standalone and Consolidated) for the quarter and the nine months ended December 31, 2025, as recommended by the Audit Committee. The Limited Review Report was furnished by the Statutory Auditors, M/s. Walker Chandiok & Co. LLP. Specific figures are detailed in the accompanying financial statements, showing both Standalone and Consolidated performance metrics across various revenue and expense lines.
For the Consolidated results:
- Total Income for the quarter ended December 31, 2025 stood at ₹24,804.68 million, compared to ₹22,165.87 million in the previous corresponding quarter of 2024.
- The Total Comprehensive Loss for the period/year for the nine months ended December 31, 2025 was (₹2,626.51 million).
- The Diluted Earning Per Share for the quarter was (INR 0.16).
The Standalone financial results for the nine months ended December 31, 2025 reported a Profit Before Tax of ₹1,021.55 million.
Changes in Board of Directors
The company announced two significant changes concerning the Non-Executive Director nominated by Mahindra & Mahindra Limited:
Resignation
Mr. Puneet Renjhen (DIN: 09498488), Non-Executive Director, tendered his resignation effective from February 13, 2026, due to a recasting of the board nomination by Mahindra & Mahindra Limited.
Appointment
The Board approved the appointment of Ms. Saloni Jain Rana (DIN: 11489732) as a Non-Executive Additional Director (Nominee of Mahindra & Mahindra Limited), effective February 13, 2026. Ms. Rana will hold office up to the conclusion of the ensuing Annual General Meeting for the Financial Year 2026-27. Ms. Rana is a Vice President in Partnerships and Alliances at Mahindra and Mahindra Limited, possessing 17 years of experience in investment banking.
IPO Fund Utilization Update
The company provided an update on the utilization of the net proceeds received from its Initial Public Offering, totaling INR 16,017.35 million, as of December 31, 2025. Key utilization areas include:
- Expenditure for setting up new modern stores under the ‘BabyHug’ brand: ₹939.00 million allocated, with ₹841.44 million utilized.
- Investment in Subsidiary, Digital Age Retail Private Limited (for ‘FirstCry’ brand stores): ₹1,690.00 million allocated, with ₹1,178.73 million utilized.
- Funding inorganic growth through acquisition and strategic initiatives: ₹5,187.35 million allocated, with ₹2,646.74 million utilized.
Source: BSE
