India, April 30 -- Kids-focussed omnichannel retailer FirstCry posted a consolidated net loss of INR 278.2 Cr for the nine months ending December 2023 in the financial year 2023-24 (FY24).

The Pune-based startup posted a consolidated net loss of INR 486 Cr in the full financial year 2022-23 (FY23), a 518% increase from INR 78.6 Cr in the previous fiscal year.

FirstCry has generated INR 4,814 Cr revenue from operations for the first nine months in FY24, according to the latest DRHP. The IPO-bound startup's operating revenue rose 135% to INR 5,632.5 Cr in FY23 from INR 2,401.2 Cr in the previous fiscal year.

It is pertinent to note that the omnichannel marketplace has refiled its draft red herring prospectus (DRHP) on Tuesday (April 30) ...