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Losses of IPO-bound FirstCry, backed by SoftBank, surge 6x to Rs 486 crore in FY23

The revenue, primarily derived from product sales, comprised 98 per cent of the total operational revenue, amounting to Rs 5,519 crore.

FirstCry revenue crosses 5K cr mark in FY23; losses jump 6X, Retail News, ET Retail

FirstCry s revenue in FY23 stood at Rs 5,632 crore against Rs 2,401 crore in FY22. While the company more than doubled its revenue, its losses for the fiscal increased 6 times to Rs 6,316 crore. In FY22, the kidswear and toys retailer s losses were at Rs 2,568 crore.

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