New Delhi, Feb. 16 -- Shares of Brainbees Solutions, the company that operates baby and mother care products retailer FirstCry, came under severe selling pressure in Monday's session, February 16, falling sharply by 10% to a fresh record low of Rs.244 apiece as investors appeared disappointed with the company's December quarter performance.

The company's net losses further widened in Q3FY2, coming in at Rs.39 crore as compared to a net loss of Rs.15 crore in the year-ago quarter, impacted by higher operating costs, increased discounting, and single-digit revenue growth in its key India Multi-channel business segment.

Its revenue from operations during the reporting quarter came in at Rs.2,424 crore, higher than Rs.2,172 crore in the yea...