Brainbees Solutions narrowed its consolidated net losses to Rs 30.30 crore in the March-ended quarter versus Rs 77 crore in the year ago period, implying a 61% fall. The profit after tax (PAT) is attributable to the owners of the parent.The Firstcry operator posted a 12% revenue growth to Rs 2,163 crore in Q4FY26 versus Rs 1,930 crore posted in the corresponding quarter of the previous financial year.Losses widened on a sequential basis in the quarter under review compared to Rs 28.43 crore, on an 11% fall in topline that stood at Rs 2,424 crore in the October-December quarter of FY26.The company's adjusted Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) stood at Rs 119 crore versus Rs 101 crore in the year-ago period, while the adjusted EBITDA margin in Q4FY26 stood at 5.5% compared to 5.2% in Q4FY25.Net losses dropped 23% for FY26, the company filing said, adding that revenue for the full financial year recorded a 12% surge. The FY26 EBITDA grew 24% YoY.The company witnessed sequential improvement in YoY growth rate for revenue, despite heightened competitive intensity during the quarter. With its initiatives in offline channel, the GMV has grown in mid teens in Q4FY26, the filing said."With our current initiatives, we believe that structurally the growth rate for both online & offline channels will be much superior in FY27," the filing said.The company continues to be PAT and Free Cash Flow positive in FY26. The gross merchandising value (GMV) stood at Rs 11,643 crore, up 10% versus FY25.International businessThe company said that it continue to witness elevated promotional activities led by two horizontal ecommerce players that entered these markets in 2024. It continues to focus on sustainable growth while reducing Adjusted EBITDA(1) losses by 33% YoY in Q4’FY26 and 35% in FY26.GlobalbeesThe company delivered a strong quarter of organic and profitable growth with core categories delivering 28% YoY growth in FY26 with Rs 92 crore Adjusted EBITDA (post corporate expenses).(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)