Brainbees Solutions Shares Plunge 19% in Three Days Amid Widening Losses

• Brainbees Solutions shares extended losses for the third consecutive day, falling nearly 5% on Wednesday, February 18.
• The stock declined 11.2% on Monday, February 16, following the company's third-quarter results, totaling an 18.8% drop in three sessions.
• Revenue increased 12% to ₹2,424.6 crore, but EBITDA declined 10% to ₹97 crore, with margins contracting to 4%.
• The company's loss widened significantly to ₹38.4 crore in Q3 from ₹14.7 crore last year, including an exceptional item of ₹16.3 crore.
• India business revenue rose 9%, but EBIT declined; international business revenue was up 7% but reported a loss.