Brainbees Solutions, owner of FirstCry, reported a narrower net loss of Rs 57 crore for the quarter ended June 30, 2024, compared to Rs 90 crore a year ago. Revenue rose 17% to Rs 1,652 crore, while EBITDA saw a significant 106% increase. Annual unique transacting customers grew by 15%, and the company expanded its offline presence.
Infra theme poised for revival as order flows improve: Dharmesh Kant
Investor attention is returning to India’s infrastructure sector as order flows increase. Analysts expect this trend to continue into next year. The EMS sector is