Overview

• Net loss widened to Rs76.7 crore in Q4 FY25 from Rs51.7 crore in Q4 FY24, driven by a Rs36.7 crore exceptional loss and higher ESOP costs.
• Operating revenue grew 15% year-on-year to Rs1,930 crore in Q4 FY25, reflecting resilient demand in core categories.
• GlobalBees recorded a 33% revenue increase to Rs398.4 crore and narrowed its quarterly losses to Rs23.4 crore under its Thrasio-style brand acquisition model.
• India’s multi-channel segment turned profit after tax and achieved positive free cash flow in FY25 despite a brief consumption slowdown in offline channels.
• Management aims to sustain roughly 30% annual growth for GlobalBees by focusing on high-growth core categories and strengthening offline reach in India.