.Representative ImageFSN E-Commerce Ventures, which works Nykaa label, on Tuesday stated a combined net income of Rs 13.64 crore for the fourth finished June 30, 2024 which was up by 152% from Rs 5.42 crore reported by the elegance & individual care company in the year ago time period. The profits from function for the disclosing fourth stood up at Rs 1,746.11 crore, which was up through 23% coming from Rs 1,421.82 crore stated in the matching fourth of the previous financial year.On the consecutive manner, the earnings after income tax (PAT) increased through fifty% over Rs 9.07 crore stated in Q4FY24 while the revenue from procedures was higher through 4.6% over 1,668 crore in the January-March quarter.The company's panel of directors also accepted further acquisition of 39% concern in Dot & Trick Health Private Limited coming from the promoters/existing shareholders as per the pre-agreed terms in investor deals of September 19, 2021 and also January 9, 2024, the firm submission said.The panel likewise approved additional expenditure in Planet Rhythm Private Limited through combination of major and also secondary, resulting in The planet Rhythm becoming subsidiary of the company.The profits were introduced after market hrs and the equity finished over 3% lower at Rs 188 on the NSE today.The firm mentioned expenses at Rs 1 731.36 crore in the reported one-fourth which were up by 22% from Rs 1,418.83 crore reported by the provider in the corresponding fourth of the final monetary year.The gross merchandising value or GMV in the April-June one-fourth stood up at Rs 3,321 crore, enrolling a 25% YoY growth. Company's Revenues Before Passion, Income Taxes, Loss Of Value as well as Amortisation (EBITDA) stood at Rs 96 crore which was actually a 31% YoY growth. EBITDA margin was up by 34 bps YoY to 5.5%. Its charm segment stated a 28% YoY pitch in its GMV at Rs 2,543 crore while manner mentioned a 15% uptick in GMV at Rs 7,74 crore. Elegance section income shot up by 23% to Rs 1,594 crore while style domain name mentioned 21% growth at Rs 149 crore.Among other vital takeaways, FSN Ecommerce disclosed collective customer foundation at 3.5 crore which was a thirty three% YoY growth. It also included much more than 1,500 labels in a year, taking the overall count to 6,700+ international as well as domestic brands.Nykaa reached the 200-stores landmark during the course of the zone.
Published On Aug 13, 2024 at 05:08 PM IST.
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