.Rep ImageFSN E-Commerce Ventures, which operates Nykaa brand, on Tuesday reported a consolidated net revenue of Rs 13.64 crore for the quarter ended June 30, 2024 which was up through 152% coming from Rs 5.42 crore posted due to the charm & personal care provider in the year ago period. The revenue from operation for the reporting quarter stood at Rs 1,746.11 crore, which was up through 23% from Rs 1,421.82 crore disclosed in the equivalent quarter of the previous financial year.On the sequential manner, the profit after tax obligation (PAT) grew by fifty% over Rs 9.07 crore disclosed in Q4FY24 while the earnings coming from operations was higher by 4.6% over 1,668 crore in the January-March quarter.The provider's panel of directors additionally permitted additional acquisition of 39% stake in Dot & Trick Well-being Private Limited coming from the promoters/existing investors according to the pre-agreed conditions in investor deals of September 19, 2021 and January 9, 2024, the provider declaring said.The board also authorized additional assets in The planet Rhythm Private Limited with mix of major and indirect, leading to Planet Rhythm coming to be subsidiary of the company.The incomes were actually announced after market hours as well as the share ended over 3% lesser at Rs 188 on the NSE today.The business reported costs at Rs 1 731.36 crore in the documented quarter which were actually up by 22% coming from Rs 1,418.83 crore reported by the company in the equivalent fourth of the last financial year.The total merchandising market value or GMV in the April-June one-fourth stood up at Rs 3,321 crore, signing up a 25% YoY development. Company's Incomes Prior to Rate of interest, Taxes, Devaluation as well as Amortisation (EBITDA) stood at Rs 96 crore which was a 31% YoY development. EBITDA scope was up by 34 bps YoY to 5.5%. Its own elegance segment stated a 28% YoY enter its GMV at Rs 2,543 crore while style stated a 15% uptick in GMV at Rs 7,74 crore. Elegance sector earnings shot up by 23% to Rs 1,594 crore while fashion domain name mentioned 21% development at Rs 149 crore.Among other crucial takeaways, FSN Ecommerce reported cumulative client base at 3.5 crore which was a thirty three% YoY development. It also included much more than 1,500 labels in a year, taking the total count to 6,700+ international and also domestic brands.Nykaa struck the 200-stores landmark during the sector.
Posted On Aug thirteen, 2024 at 05:08 PM IST.
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