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Operational income grew 14.3% to ₹2,172 crore, up from ₹1,900 crore in the same period last year.
The company attributed this growth to an increase in platform users and business maturity.
In India, revenue grew by 15% to ₹1,510 crore, while international revenue rose to ₹261 crore from ₹230 crore in the previous year.Brainbees reported its best quarterly performance in four years. The company achieved the highest adjusted EBITDA for both its consolidated business and India multi-channel operations.
Orders grew 13%, from 9.8 million in Q3FY24 to 11.1 million in Q3FY25.The number of annual transacting customers increased by 17% to 98 lakh, compared to 84 lakh last year.
Brainbees is investing in Digital Age Retail Pvt Ltd (DARP). The company approved a ₹299.59 crore investment, subscribing to DARP’s equity shares in one or more tranches.
Brainbees recently shut down some company-owned and company-operated (COCO) stores in Q3FY25.
“For the first time, we have closed COCO stores after expansion,” the company stated.
Additionally, warehouse fires in Hooghly (West Bengal) and Bhiwandi (Maharashtra) destroyed inventory and assets. The company claimed insurance, which has been fully approved. No further financial adjustments are required.
