FirstCry Faces Profitability Challenge Amid Q4 Losses

• FirstCry's Q4 FY25 losses skyrocketed 8X QoQ, primarily due to ESOP-related expenses, totaling INR 111.5 Cr.
• Excluding ESOP costs, losses would have been INR 29.2 Cr, contrasting with a profit of INR 90 Lakh in Q4 FY24.
• Despite losses, revenue increased 15.8% YoY to INR 1,930.3 Cr, indicating robust core operations.
• FirstCry is expanding internationally, focusing on UAE and Saudi Arabia, with gross margins hitting 23.3% in four years.
• Drools becomes a unicorn with Nestle's investment, and Awfis' Q4 profit surges 8X to INR 11.2 Cr.

Source: Inc42