.Rep ImageFSN Ecommerce Ventures, which functions Nykaa brand, on Tuesday stated a combined net profit of Rs 13.64 crore for the fourth ended June 30, 2024 which was up by 152% coming from Rs 5.42 crore reported by the beauty & private treatment business in the year ago duration. The revenue coming from operation for the stating one-fourth stood at Rs 1,746.11 crore, which was up through 23% coming from Rs 1,421.82 crore stated in the equivalent one-fourth of the previous financial year.On the sequential basis, the profit after income tax (PAT) developed by 50% over Rs 9.07 crore reported in Q4FY24 while the earnings from operations was actually greater through 4.6% over 1,668 crore in the January-March quarter.The firm's board of directors likewise accepted more acquisition of 39% concern in Dot & Trick Wellness Private Limited coming from the promoters/existing investors as per the pre-agreed terms in shareholder arrangements of September 19, 2021 and also January 9, 2024, the company filing said.The board also permitted further investment in Planet Rhythm Private Limited via mixture of major and also subsequent, resulting in Earth Rhythm ending up being subsidiary of the company.The earnings were actually revealed after market hrs as well as the assets finished over 3% lesser at Rs 188 on the NSE today.The business disclosed expenses at Rs 1 731.36 crore in the documented one-fourth which were actually up through 22% coming from Rs 1,418.83 crore reported by the firm in the corresponding quarter of the final monetary year.The total retailing worth or even GMV in the April-June one-fourth stood at Rs 3,321 crore, enrolling a 25% YoY growth. Provider's Earnings Before Enthusiasm, Taxes, Devaluation and also Amortisation (EBITDA) stood at Rs 96 crore which was actually a 31% YoY growth. EBITDA margin was actually up through 34 bps YoY to 5.5%. Its own appeal section mentioned a 28% YoY pitch in its own GMV at Rs 2,543 crore while manner disclosed a 15% uptick in GMV at Rs 7,74 crore. Charm portion earnings soared through 23% to Rs 1,594 crore while style domain stated 21% growth at Rs 149 crore.Among various other essential takeaways, FSN E-Commerce stated cumulative consumer foundation at 3.5 crore which was actually a 33% YoY growth. It additionally incorporated more than 1,500 companies in a year, taking the total matter to 6,700+ worldwide and also domestic brands.Nykaa reached the 200-stores landmark in the course of the region.
Published On Aug 13, 2024 at 05:08 PM IST.
Sign up with the community of 2M+ field professionals.Subscribe to our email list to get most current ideas & study.
Download ETRetail App.Receive Realtime updates.Save your much-loved posts.
Browse to download Application.