Brainbees Solutions Limited announced the outcome of its Board meeting held on February 13, 2026. Key approvals included the Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2025. The Board also approved a change in representation from a major shareholder, noting the resignation of Mr. Puneet Renjhen and the appointment of Ms. Saloni Jain Rana as a Non-Executive Additional Director, effective the same date.
Board Meeting Outcome: February 13, 2026
The Board of Directors of Brainbees Solutions Limited convened on Friday, February 13, 2026, to review and approve several key operational and governance matters, following up on the schedule intimated on February 6, 2026.
Financial Results Approval
The Board, after receiving recommendations from the Audit Committee, approved the Un-audited Financial Results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2025. These results were accompanied by the Limited Review Report issued by the Statutory Auditors, M/s. Walker Chandiok & Co. LLP.
Key Consolidated Financial Highlights (Q3 FY26 vs. Q3 FY25 – INR in million)
- Total Income: Grew from 21,373.29 million in Q3 FY25 to 24,804.68 million in Q3 FY26.
- Profit/(Loss) Before Tax: Shifted from a loss of (412.81) million to a profit of 68.83 million.
- Total Comprehensive Loss: Improved significantly from (496.69) million in Q3 FY25 to (146.07) million in Q3 FY26.
- Basic EPS: Improved from (0.73) INR to (0.16) INR for the quarter.
Key Consolidated Financial Highlights (Nine Months Ended Dec 31, 2025 vs. 2024 – INR in million)
- Total Income: Increased to 65,287.69 million from 58,313.08 million.
- Profit/(Loss) Before Tax: Declined to a loss of (1,127.61) million from (1,144.36) million.
- Total Comprehensive Loss: Decreased to (1,538.55) million from (1,529.16) million.
Changes in Non-Executive Director Representation
The Board approved changes concerning the nominee director from Mahindra & Mahindra Limited:
- Resignation: Mr. Puneet Renjhen (DIN: 09498488) resigned as Non-Executive Director, effective February 13, 2026, due to a recasting of the board nomination by Mahindra & Mahindra Limited.
- Appointment: Ms. Saloni Jain Rana (DIN: 11489732) was appointed as Non-Executive Additional Director (Nominee of Mahindra & Mahindra Limited), effective February 13, 2026. Ms. Rana will hold office until the conclusion of the next Annual General Meeting for FY 2026-27.
IPO Fund Utilization Update
The company provided an update on the utilization of net proceeds of INR 16,017.35 million received from its Initial Public Offering (IPO) as of December 31, 2025. Significant utilization was noted in:
- Investment in Subsidiary, FirstCry Trading (KSA expansion): ₹1,306.00 million utilized out of ₹1,306.00 million allocated.
- Technology and Data Science Costs: ₹2,000.00 million allocated, with ₹1,647.80 million utilized.
- Funding Inorganic Growth: ₹5,187.35 million allocated, with ₹2,540.61 million utilized.
Standalone Financial Summary (Q3 FY26 vs. Q3 FY25 – INR in million)
The standalone results showed a strong improvement in profitability for the quarter:
- Revenue from Operations: Increased to 7,497.96 million from 7,106.03 million.
- Profit Before Tax: Rose to 603.95 million from 536.23 million.
- Profit for the Period: Increased to 462.12 million from 377.98 million.
Source: BSE
