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Nykaa Q1 consolidated dab rises to Rs 13.64 crore, revenue dives 23%, ET Retail

.Agent ImageFSN Ecommerce Ventures, which runs Nykaa brand name, on Tuesday stated a consolidated web earnings of Rs 13.64 crore for the quarter ended June 30, 2024 which was up by 152% coming from Rs 5.42 crore posted by the charm &amp individual care firm in the year ago time period. The earnings coming from operation for the mentioning fourth stood up at Rs 1,746.11 crore, which was actually up through 23% from Rs 1,421.82 crore disclosed in the equivalent one-fourth of the previous monetary year.On the consecutive manner, the earnings after income tax (PAT) expanded by 50% over Rs 9.07 crore reported in Q4FY24 while the profits coming from functions was much higher through 4.6% over 1,668 crore in the January-March quarter.The business's board of directors also accepted more accomplishment of 39% concern in Dot &amp Trick Health Private Limited coming from the promoters/existing investors based on the pre-agreed phrases in investor agreements of September 19, 2021 and January 9, 2024, the company filing said.The panel also approved further expenditure in The planet Rhythm Private Limited through combo of key and also secondary, leading to Earth Rhythm ending up being subsidiary of the company.The revenues were actually declared after market hours and the stock ended over 3% lesser at Rs 188 on the NSE today.The firm stated expenses at Rs 1 731.36 crore in the documented fourth which were up through 22% from Rs 1,418.83 crore posted by the business in the matching one-fourth of the last financial year.The total merchandising value or GMV in the April-June quarter stood up at Rs 3,321 crore, enrolling a 25% YoY growth. Firm's Profits Just before Enthusiasm, Taxes, Deflation and also Amortisation (EBITDA) stood at Rs 96 crore which was actually a 31% YoY growth. EBITDA scope was up by 34 bps YoY to 5.5%. Its own beauty portion mentioned a 28% YoY enter its GMV at Rs 2,543 crore while fashion mentioned a 15% uptick in GMV at Rs 7,74 crore. Elegance segment income shot up through 23% to Rs 1,594 crore while manner domain disclosed 21% development at Rs 149 crore.Among various other key takeaways, FSN Ecommerce mentioned cumulative consumer foundation at 3.5 crore which was a 33% YoY growth. It also included more than 1,500 companies in a year, taking the total matter to 6,700+ worldwide and also domestic brands.Nykaa hit the 200-stores milestone throughout the quarter.
Published On Aug thirteen, 2024 at 05:08 PM IST.




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