.Agent ImageFSN Ecommerce Ventures, which functions Nykaa label, on Tuesday reported a consolidated net revenue of Rs 13.64 crore for the one-fourth ended June 30, 2024 which was up through 152% coming from Rs 5.42 crore posted by the elegance & private care business in the year ago duration. The revenue coming from function for the disclosing fourth stood up at Rs 1,746.11 crore, which was up by 23% from Rs 1,421.82 crore reported in the corresponding one-fourth of the previous monetary year.On the sequential manner, the revenue after tax obligation (PAT) grew through fifty% over Rs 9.07 crore disclosed in Q4FY24 while the profits from functions was higher through 4.6% over 1,668 crore in the January-March quarter.The firm's panel of supervisors also permitted more acquisition of 39% stake in Dot & Secret Health Private Limited from the promoters/existing investors based on the pre-agreed phrases in investor agreements of September 19, 2021 and also January 9, 2024, the company submission said.The board additionally accepted further financial investment in The planet Rhythm Private Limited with mix of major and subsequent, resulting in The planet Rhythm ending up being subsidiary of the company.The profits were actually announced after market hours and also the equity ended over 3% lesser at Rs 188 on the NSE today.The business mentioned costs at Rs 1 731.36 crore in the declared one-fourth which were actually up by 22% coming from Rs 1,418.83 crore posted by the company in the equivalent fourth of the last economic year.The total merchandising market value or GMV in the April-June quarter stood up at Rs 3,321 crore, enrolling a 25% YoY development. Business's Revenues Before Interest, Tax Obligations, Deflation and also Amortisation (EBITDA) stood at Rs 96 crore which was a 31% YoY growth. EBITDA margin was up through 34 bps YoY to 5.5%. Its beauty portion stated 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. Appeal portion profits skyrocketed by 23% to Rs 1,594 crore while fashion domain disclosed 21% development at Rs 149 crore.Among various other crucial takeaways, FSN E-Commerce mentioned cumulative consumer foundation at 3.5 crore which was a 33% YoY development. It additionally included greater than 1,500 brands in a year, taking the overall matter to 6,700+ international and residential brands.Nykaa attacked the 200-stores landmark during the part.
Published On Aug thirteen, 2024 at 05:08 PM IST.
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