Brainbees Solutions Ltd's Q3FY25 Quarter Results
- 09 Feb 2025
Result Summary
- Brainbees Solutions Ltd reported a 14.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 14.5%.
- Its expenses for the quarter were up by 11.3% QoQ and 11.7% YoY.
- The net profit decreased 76.6% QoQ and decreased 69.6% YoY.
- The earnings per share (EPS) of Brainbees Solutions Ltd declined at 0.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2216.59 | 1935.85 | 1935.52 | 14.5% | 14.5% |
Total Expenses | 2210.17 | 1986.38 | 1978.13 | 11.3% | 11.7% |
Profit Before Tax | 6.88 | -51.55 | -42.61 | -113.3% | -116.1% |
Tax | 21.62 | 11.30 | 5.80 | 91.3% | 272.8% |
Profit After Tax | -14.73 | -62.85 | -48.41 | -76.6% | -69.6% |
Earnings Per Share | -0.20 | -1.10 | 0.00 | -81.8% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Brainbees Solutions Ltd operates within the retail industry, primarily focusing on e-commerce and online retail services. Known for its strong presence in baby and children’s products, the company offers a wide array of items including clothing, toys, and accessories. As of the latest updates until October 2023, there have been no major publicly available developments or changes in the company’s business model or strategic direction. Brainbees Solutions Ltd is a significant player in the competitive e-commerce landscape, serving a vast customer base with a diverse product range.
Revenue
In Q3FY25, Brainbees Solutions Ltd reported a total income of ₹2216.59 crores, marking a noticeable increase of 14.5% both quarter-over-quarter (QoQ) from ₹1935.85 crores in Q2FY25 and year-over-year (YoY) from ₹1935.52 crores in Q3FY24. This consistent growth in revenue highlights an upward trajectory in the company's sales performance over the past year. The increase in total income is a crucial indicator of the company’s ability to expand its market reach and customer base during this period.
Profitability
The profitability metrics of Brainbees Solutions Ltd reveal a complex scenario. The company recorded a profit before tax of ₹6.88 crores in Q3FY25, a significant turnaround from the losses of ₹51.55 crores in Q2FY25 and ₹42.61 crores in Q3FY24. However, an increase in tax expenses to ₹21.62 crores in Q3FY25 from ₹11.30 crores in Q2FY25 and ₹5.80 crores in Q3FY24 affected the net profitability. Consequently, the profit after tax was a loss of ₹14.73 crores, improving from a loss of ₹62.85 crores in the previous quarter and ₹48.41 crores in the same quarter last year. Despite the operational improvements, the high tax impact contributed to a continued net loss.
Operating Metrics
The operating metrics of Brainbees Solutions Ltd reflect notable changes over the analyzed periods. Total expenses increased by 11.3% QoQ from ₹1986.38 crores in Q2FY25 and by 11.7% YoY from ₹1978.13 crores in Q3FY24 to ₹2210.17 crores in Q3FY25. This growth in expenses is aligned with the revenue increase, suggesting operational scaling. The earnings per share (EPS) in Q3FY25 stood at -₹0.20, which, while still negative, is an improvement from -₹1.10 in Q2FY25. The EPS was reported as zero in Q3FY24 due to rounding. These metrics highlight the ongoing efforts to enhance operational efficiency, although the impact on profitability remains a challenge given the tax obligations and expense increments.
