.Rep ImageFSN E-Commerce Ventures, which runs Nykaa brand, on Tuesday reported a consolidated net profit of Rs 13.64 crore for the quarter finished June 30, 2024 which was up by 152% from Rs 5.42 crore reported due to the elegance & personal care business in the year ago period. The revenue from function for the disclosing quarter stood at Rs 1,746.11 crore, which was actually up by 23% coming from Rs 1,421.82 crore reported in the corresponding fourth of the previous financial year.On the sequential manner, the earnings after tax (DAB) grew by 50% over Rs 9.07 crore reported in Q4FY24 while the income coming from procedures was greater through 4.6% over 1,668 crore in the January-March quarter.The business's board of directors likewise accepted additional achievement of 39% risk in Dot & Trick Wellness Private Limited coming from the promoters/existing investors based on the pre-agreed conditions in shareholder arrangements of September 19, 2021 as well as January 9, 2024, the provider submission said.The board additionally approved further investment in Earth Rhythm Private Limited via blend of key as well as indirect, resulting in Planet Rhythm ending up being subsidiary of the company.The revenues were actually announced after market hrs and the equity finished over 3% lower at Rs 188 on the NSE today.The company stated expenditures at Rs 1 731.36 crore in the noted quarter which were up by 22% coming from Rs 1,418.83 crore reported by the business in the corresponding one-fourth of the final economic year.The total retailing value or even GMV in the April-June fourth stood up at Rs 3,321 crore, enrolling a 25% YoY development. Provider's Profits Before Enthusiasm, Income Taxes, Loss Of Value as well as Amortisation (EBITDA) stood at Rs 96 crore which was a 31% YoY growth. EBITDA frame was up by 34 bps YoY to 5.5%. Its beauty portion reported a 28% YoY enter its own GMV at Rs 2,543 crore while manner stated a 15% uptick in GMV at Rs 7,74 crore. Charm portion income skyrocketed by 23% to Rs 1,594 crore while fashion trend domain mentioned 21% development at Rs 149 crore.Among various other key takeaways, FSN E-Commerce stated increasing customer bottom at 3.5 crore which was a 33% YoY development. It additionally included more than 1,500 labels in a year, taking the general count to 6,700+ global as well as domestic brands.Nykaa hit the 200-stores milestone in the course of the quarter.
Posted On Aug 13, 2024 at 05:08 PM IST.
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