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FirstCry’s Profit Push Hits A Snag
After reporting a loss of INR 14.78 Cr in Q3 FY24, many believed FirstCry
was turning the corner towards profitability. But in Q4 FY25, the kids-focussed retailer posted a sharp rise in losses — ballooning 8X QoQ to INR 111.5 Cr, primarily due to ESOP-related expenses.
Excluding ESOP costs and related taxes, the ecommerce giant would have reported a narrower loss of INR 29.2 Cr, compared to an adjusted profit of INR 90 Lakh in Q4 FY24.
Breaking down the Q4 losses:
- Consolidated net loss jumped 157.8% YoY…
