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Brainbees Solutions Shares Plunge 11% as Net Loss Widens, Margins Contract
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Brainbees Solutions Shares Plunge 11% as Net Loss Widens, Margins Contract
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CNBC TV18
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16-02-2026, 15:41
Brainbees Solutions Shares Plunge 11% as Net Loss Widens, Margins Contract
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Brainbees Solutions shares dropped 11% on Monday, February 16, following its Q3 earnings report.
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The company's net loss widened to ₹38.4 crore from ₹14.7 crore, impacted by a one-off event and an exceptional item of ₹16.3 crore.
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Revenue increased 12% to ₹2,423.6 crore, but EBITDA declined 10% to ₹97 crore, with margins contracting to 4% from 5%.
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Brainbees Solutions' India business revenue grew 9%, while its international business revenue increased 7%.
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Globalbees, however, saw revenue rise 22% and EBIT jump 147%, with margins expanding to 2.9%.
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