Brainbees Solutions, operator of FirstCry, saw its shares plummet 10% to ₹244 after Q3 results, as net losses widened to ₹39 crore. Revenue grew 12% to ₹2,424 crore, but margins declined. The stock is now down over 45% from its IPO price.
Brainbees Solutions, operator of FirstCry, saw its shares plummet 10% to ₹244 after Q3 results, as net losses widened to ₹39 crore. Revenue grew 12% to ₹2,424 crore, but margins declined. The stock is now down over 45% from its IPO price.