FirstCry Q1: Loss Narrows 35% YoY To ₹44 Cr, Revenue Up 13%
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Kidswear brand FirstCry’s net loss narrowed 35% to ₹44 Cr in the June quarter from ₹66.5 Cr in the year-ago quarter. Sequentially, it declined about 9% from ₹48.2 Cr.
Operating revenue for the quarter increased 13% YoY to ₹2,106.2 Cr. On a sequential basis, top line saw a 3% decrease from ₹2,162.7 Cr.
Including other income of ₹48.9 Cr, total income for the quarter stood at ₹2,153.1 Cr. Meanwhile, total expenses, excluding depreciation and amortisation, increased 12% YoY to ₹2,046.6 Cr.
(The story will be updated shortly)
The post FirstCry Q1: Loss Narrows 35% YoY To ₹44 Cr, Revenue Up 13% appeared first on Inc42 Media.
