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FirstCry FY24 Results: Time to Laugh or Cry? | Firstcry Share News | @Planify
First Cry or Last Laugh… How Did FirstCry Perform in FY24? Let’s Find Out!
FirstCry's revenue increased by 15%, reaching ₹6,481 crore, compared to ₹5,633 crore in FY23. GlobalBees also contributed ₹1,209 crore to FirstCry’s income.
There was also a significant reduction in losses. In FY24, losses dropped by 34%, falling to ₹321 crore from ₹486 crore in FY23.
By the way, FirstCry recently launched its FirstCry IPO just a few days ago, with a price band of ₹440-465 per share. The IPO opened on August 6th and closed on August 8th, featuring fresh shares worth ₹1,666 crore and an offer for sale (OFS) of ₹2,527 crore.
We participated in FirstCry's IPO. Did you skip it or participate? And did you receive an allotment? Let us know in the comments!
About Firstcry:
FirstCry is India's leading online platform dedicated to parents and their children. Offering a vast array of products ranging from clothing and toys to baby care essentials and furniture, FirstCry caters to every need of a growing family. With a user-friendly interface, convenient payment options, and prompt delivery services, the platform has revolutionized the way parents shop for their little ones. Beyond products, FirstCry also provides informative articles, parenting tips, and a supportive community for parents to connect and share experiences.
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