While the exact trigger for the rebound was not immediately known at the time of filing, investors showed strong interest in the FirstCry operator. By 10:15 am, around 1.8 crore shares had changed hands on the NSE, while the volume on the BSE was almost six times higher.
Shares of Brainbees Solutions on Thursday closed at Rs. It touched a 52-week low of 207.05.
The stock has lost 40% over the past 12 months and is now trading below its 50-day and 200-day simple moving averages (SMA) at 276 and 339, respectively, according to Trendline data.
Last week, the company announced its December quarter earnings, where its net loss a year earlier stood at Rs. 14.7 crore to Rs. 38 crore, as costs increased as the company expanded its express delivery offering. The Pune-based company grew its operating revenue by 11.6% year-on-year in the December quarter to Rs. 2,423 crore, which was Rs. 2,172 crores. Meanwhile, its expenditure last year was Rs. 2,064 crore, up 12.7% in Q3 to Rs. 2,327 crores.
However, the company’s results looked better on a quarter-on-quarter (QoQ) basis, despite relatively muted consumer sentiment. Its net loss in Q2 of FY26 was Rs. 50.5 crores down by 24%. Similarly, the operating income in the December quarter was Rs. 2,099 crore has increased by 15.5%.
On a pre-tax basis, the company in the December quarter posted Rs. 5.2 crore slipped into a loss, compared to Rs. 6.9 crore was the profit.
FirstCry’s India multi-channel and international businesses combined in the third quarter at Rs. 3,424 crore posted a Gross Merchandise Value (GMV), showing a growth of 10% year-on-year. GMV is the value of total orders sold by a marketplace or brand during a given time period.
Meanwhile, the company’s express delivery service, Rocketbees, expanded from 13 cities to 22 cities in the third quarter. In the express delivery segment, FirstCry is facing competition from traditional express commerce companies as well as new startups like Blume Ventures-backed Ozzie and Stellaris-backed Pico.
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