.Representative ImageFSN E-Commerce Ventures, which operates Nykaa brand, on Tuesday mentioned a consolidated net revenue of Rs 13.64 crore for the one-fourth ended June 30, 2024 which was actually up through 152% coming from Rs 5.42 crore posted due to the appeal & personal treatment company in the year ago duration. The earnings from operation for the reporting one-fourth stood up at Rs 1,746.11 crore, which was actually up through 23% coming from Rs 1,421.82 crore reported in the corresponding quarter of the previous financial year.On the sequential basis, the revenue after income tax (DAB) grew by fifty% over Rs 9.07 crore mentioned in Q4FY24 while the revenue from functions was greater through 4.6% over 1,668 crore in the January-March quarter.The firm's board of directors additionally accepted further achievement of 39% risk in Dot & Secret Health Private Limited coming from the promoters/existing investors according to the pre-agreed terms in shareholder contracts of September 19, 2021 and also January 9, 2024, the company submitting said.The panel additionally approved additional financial investment in Earth Rhythm Private Limited via mix of key and also indirect, resulting in Planet Rhythm coming to be subsidiary of the company.The revenues were actually announced after market hrs and the share ended over 3% lesser at Rs 188 on the NSE today.The firm mentioned expenditures at Rs 1 731.36 crore in the documented quarter which were up by 22% from Rs 1,418.83 crore reported due to the business in the corresponding fourth of the final financial year.The gross merchandising value or even GMV in the April-June one-fourth stood up at Rs 3,321 crore, registering a 25% YoY development. Business's Earnings Just before Rate of interest, Taxes, Deflation and Amortisation (EBITDA) stood up at Rs 96 crore which was a 31% YoY development. EBITDA scope was actually up by 34 bps YoY to 5.5%. Its appeal segment reported a 28% YoY pitch in its GMV at Rs 2,543 crore while fashion trend mentioned a 15% uptick in GMV at Rs 7,74 crore. Charm portion earnings skyrocketed by 23% to Rs 1,594 crore while manner domain mentioned 21% development at Rs 149 crore.Among other crucial takeaways, FSN E-Commerce mentioned advancing consumer bottom at 3.5 crore which was actually a thirty three% YoY growth. It likewise incorporated much more than 1,500 brands in a year, taking the total count to 6,700+ worldwide and also residential brands.Nykaa reached the 200-stores milestone in the course of the zone.
Published On Aug thirteen, 2024 at 05:08 PM IST.
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