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Nykaa Q1 combined dab skyrockets to Rs 13.64 crore, revenue jumps 23%, ET Retail

.Agent ImageFSN Ecommerce Ventures, which operates Nykaa brand name, on Tuesday stated a combined internet revenue of Rs 13.64 crore for the fourth ended June 30, 2024 which was actually up by 152% from Rs 5.42 crore posted by the elegance &amp personal treatment provider in the year ago time period. The income coming from procedure for the mentioning one-fourth stood at Rs 1,746.11 crore, which was up by 23% coming from Rs 1,421.82 crore disclosed in the corresponding quarter of the previous economic year.On the sequential basis, the revenue after tax (PAT) increased by 50% over Rs 9.07 crore disclosed in Q4FY24 while the revenue from functions was much higher by 4.6% over 1,668 crore in the January-March quarter.The provider's board of directors additionally approved more accomplishment of 39% stake in Dot &amp Trick Wellness Private Limited from the promoters/existing investors as per the pre-agreed terms in shareholder arrangements of September 19, 2021 and also January 9, 2024, the business submission said.The panel likewise permitted additional assets in Earth Rhythm Private Limited with combo of primary as well as indirect, leading to Planet Rhythm ending up being subsidiary of the company.The revenues were revealed after market hours and the assets finished over 3% lesser at Rs 188 on the NSE today.The firm reported expenditures at Rs 1 731.36 crore in the documented fourth which were actually up through 22% from Rs 1,418.83 crore posted by the business in the equivalent one-fourth of the last economic year.The gross merchandising worth or even GMV in the April-June quarter stood at Rs 3,321 crore, signing up a 25% YoY development. Business's Incomes Before Enthusiasm, Income Taxes, Deflation and Amortisation (EBITDA) stood at Rs 96 crore which was a 31% YoY development. EBITDA scope was actually up by 34 bps YoY to 5.5%. Its own beauty section stated a 28% YoY enter its own GMV at Rs 2,543 crore while fashion trend reported a 15% uptick in GMV at Rs 7,74 crore. Elegance section revenue shot up by 23% to Rs 1,594 crore while manner domain name mentioned 21% development at Rs 149 crore.Among other essential takeaways, FSN Shopping reported cumulative client bottom at 3.5 crore which was actually a thirty three% YoY growth. It also incorporated much more than 1,500 labels in a year, taking the overall count to 6,700+ global as well as domestic brands.Nykaa attacked the 200-stores breakthrough throughout the quarter.
Released On Aug 13, 2024 at 05:08 PM IST.




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