Columns

Nykaa Q1 combined dab escalates to Rs 13.64 crore, earnings leaps 23%, ET Retail

.Representative ImageFSN Ecommerce Ventures, which runs Nykaa brand name, on Tuesday stated a combined web revenue of Rs 13.64 crore for the fourth ended June 30, 2024 which was up by 152% from Rs 5.42 crore posted by the appeal &amp personal treatment company in the year ago time frame. The earnings coming from function for the reporting one-fourth stood up at Rs 1,746.11 crore, which was up by 23% from Rs 1,421.82 crore stated in the matching quarter of the previous monetary year.On the sequential basis, the revenue after income tax (PAT) developed through fifty% over Rs 9.07 crore reported in Q4FY24 while the income coming from procedures was actually much higher through 4.6% over 1,668 crore in the January-March quarter.The company's board of directors additionally accepted further acquisition of 39% stake in Dot &amp Secret Well-being Private Limited from the promoters/existing investors according to the pre-agreed terms in investor deals of September 19, 2021 and also January 9, 2024, the company submission said.The board additionally authorized additional financial investment in The planet Rhythm Private Limited by means of combo of key as well as secondary, leading to Earth Rhythm ending up being subsidiary of the company.The earnings were actually introduced after market hrs as well as the share finished over 3% reduced at Rs 188 on the NSE today.The provider disclosed costs at Rs 1 731.36 crore in the declared one-fourth which were up by 22% from Rs 1,418.83 crore posted due to the provider in the matching fourth of the final monetary year.The total retailing market value or GMV in the April-June fourth stood at Rs 3,321 crore, signing up a 25% YoY growth. Company's Revenues Just before Enthusiasm, Taxes, Loss Of Value and also Amortisation (EBITDA) stood at Rs 96 crore which was actually a 31% YoY development. EBITDA scope was actually up by 34 bps YoY to 5.5%. Its own beauty sector reported a 28% YoY pitch in its GMV at Rs 2,543 crore while fashion trend reported a 15% uptick in GMV at Rs 7,74 crore. Charm section profits shot up through 23% to Rs 1,594 crore while fashion trend domain name reported 21% development at Rs 149 crore.Among other vital takeaways, FSN E-Commerce mentioned advancing consumer foundation at 3.5 crore which was a 33% YoY growth. It additionally added more than 1,500 labels in a year, taking the total matter to 6,700+ global and also domestic brands.Nykaa hit the 200-stores breakthrough during the part.
Published On Aug 13, 2024 at 05:08 PM IST.




Sign up with the community of 2M+ industry experts.Register for our email list to receive most current ideas &amp analysis.


Download ETRetail App.Obtain Realtime updates.Save your favorite posts.


Browse to download and install Application.

Articles You Can Be Interested In