Brainbees Solutions Limited — Board Meeting, 26-05-2025: Outcome of Board Meeting
26-05-2025 | 05:34 pm
26-05-2025 | 05:34 pm
Brainbees Solutions Limited has announced a board meeting approving the consolidated financial results for the quarter and financial year ending March 31, 2025. The company narrowed its consolidated loss to INR 2,319.95 million from INR 3,215.20 million last year, while revenue rose to INR 7,659.61 Cr from INR 6,480.86 Cr. Operating expenses increased due to expansion and exceptional losses from a warehouse fire and intangible asset impairment. The board approved a Rs. 146 Cr investment in subsidiary Globalbees Brands Pvt Ltd plus up to AED 32 million funding for Firstcry Management DWC LLC to boost growth in UAE and KSA. Cash flows improved, reflecting a sharper operational focus amid aggressive expansion.
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