2 weeks ago
FirstCry Q1 Net Loss Narrows 35% YoY to ₹44 Cr
FirstCry is a company that sells clothes and other things for kids.
Every few months, companies tell people how their business is doing.
FirstCry just told everyone about the months of April, May, and June.
During that time, the company lost money, but it lost less than it did a year ago.
Losing less money means the business is getting better.
The company also earned more money from selling things than it did last year.
However, it earned a little less than in the three months before.
The company spent a bit more money too, because running a business costs money.
Overall, this is good news because the loss is getting smaller.
This report is called a quarterly financial result.
FirstCry's net loss narrowed 35% year-on-year to ₹44 crore in the June quarter, from ₹66.5 crore a year ago.
Operating revenue rose 13% YoY to ₹2,106.2 crore but declined 3% sequentially from ₹2,162.7 crore.
The net loss also declined about 9% quarter-on-quarter from ₹48.2 crore.
Total income, including other income of ₹48.9 crore, stood at ₹2,153.1 crore for the quarter.
Total expenses, excluding depreciation and amortisation, rose 12% YoY to ₹2,046.6 crore.
- Who
- FirstCry, the kidswear brand, which reported its June quarter financial results.
- What
- The company's net loss narrowed 35% YoY to ₹44 crore, while operating revenue rose 13% YoY to ₹2,106.2 crore.
- Where
- Not stated in the articles.
- When
- The June quarter (Q1).
- Why
- FirstCry reported its quarterly results, with the loss narrowing as operating revenue grew faster than expenses.
Key facts
- Company
- FirstCry (kidswear brand)
- Period
- June quarter (Q1)
- Net Loss
- ₹44 crore (down 35% YoY from ₹66.5 crore)
- Operating Revenue
- ₹2,106.2 crore (up 13% YoY, down 3% QoQ)
- Total Income
- ₹2,153.1 crore
- Other Income
- ₹48.9 crore
- Total Expenses (excl. depreciation & amortisation)
- ₹2,046.6 crore (up 12% YoY)








