Columns

Nykaa Q1 consolidated PAT rises to Rs 13.64 crore, income dives 23%, ET Retail

.Agent ImageFSN Ecommerce Ventures, which runs Nykaa brand name, on Tuesday disclosed a combined web income of Rs 13.64 crore for the fourth ended June 30, 2024 which was actually up through 152% from Rs 5.42 crore reported by the elegance &amp individual treatment business in the year ago time period. The earnings coming from function for the mentioning one-fourth stood up at Rs 1,746.11 crore, which was up by 23% coming from Rs 1,421.82 crore mentioned in the corresponding fourth of the previous monetary year.On the consecutive basis, the revenue after tax (DAB) expanded by fifty% over Rs 9.07 crore disclosed in Q4FY24 while the revenue from functions was greater by 4.6% over 1,668 crore in the January-March quarter.The provider's board of directors likewise accepted further accomplishment of 39% risk in Dot &amp Key Health Private Limited from the promoters/existing investors as per the pre-agreed conditions in shareholder deals of September 19, 2021 and also January 9, 2024, the company declaring said.The board additionally accepted additional financial investment in The planet Rhythm Private Limited by means of blend of key as well as subsequent, causing Planet Rhythm coming to be subsidiary of the company.The revenues were declared after market hrs as well as the equity finished over 3% lesser at Rs 188 on the NSE today.The provider disclosed costs at Rs 1 731.36 crore in the reported quarter which were actually up through 22% coming from Rs 1,418.83 crore posted by the business in the equivalent quarter of the final financial year.The gross retailing worth or even GMV in the April-June fourth stood up at Rs 3,321 crore, signing up a 25% YoY growth. Business's Incomes Just before Interest, Tax Obligations, Loss Of Value as well as Amortisation (EBITDA) stood at Rs 96 crore which was a 31% YoY growth. EBITDA margin was actually up by 34 bps YoY to 5.5%. Its own beauty section reported a 28% YoY pitch in its own GMV at Rs 2,543 crore while fashion reported a 15% uptick in GMV at Rs 7,74 crore. Beauty section profits soared through 23% to Rs 1,594 crore while style domain name disclosed 21% development at Rs 149 crore.Among other vital takeaways, FSN Shopping stated increasing customer base at 3.5 crore which was a thirty three% YoY growth. It also incorporated much more than 1,500 brand names in a year, taking the total matter to 6,700+ worldwide and domestic brands.Nykaa reached the 200-stores milestone throughout the zone.
Published On Aug 13, 2024 at 05:08 PM IST.




Participate in the community of 2M+ industry professionals.Sign up for our newsletter to obtain most up-to-date understandings &amp review.


Install ETRetail App.Receive Realtime updates.Spare your much-loved write-ups.


Check to install App.