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Nykaa Q1 combined PAT rises to Rs 13.64 crore, revenue dives 23%, ET Retail

.Rep ImageFSN Shopping Ventures, which runs Nykaa brand name, on Tuesday mentioned a consolidated web profit of Rs 13.64 crore for the quarter finished June 30, 2024 which was actually up through 152% from Rs 5.42 crore reported due to the beauty &amp personal care business in the year ago time period. The income from operation for the reporting 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 financial year.On the sequential basis, the revenue after income tax (DAB) expanded through fifty% over Rs 9.07 crore mentioned in Q4FY24 while the income coming from operations was actually much higher by 4.6% over 1,668 crore in the January-March quarter.The company's board of directors additionally permitted more achievement of 39% stake in Dot &amp Secret Well-being Private Limited coming from the promoters/existing shareholders as per the pre-agreed conditions in shareholder agreements of September 19, 2021 and January 9, 2024, the firm filing said.The panel additionally approved more financial investment in The planet Rhythm Private Limited through combination of main as well as secondary, causing Planet Rhythm coming to be subsidiary of the company.The profits were announced after market hours and the share ended over 3% lower at Rs 188 on the NSE today.The provider mentioned expenditures at Rs 1 731.36 crore in the noted one-fourth which were actually up by 22% from Rs 1,418.83 crore reported due to the company in the corresponding fourth of the last monetary year.The gross merchandising market value or GMV in the April-June fourth stood at Rs 3,321 crore, signing up a 25% YoY development. Provider's Revenues Before Rate of interest, Tax Obligations, Loss Of Value as well as Amortisation (EBITDA) stood up at Rs 96 crore which was actually a 31% YoY development. EBITDA scope was actually up by 34 bps YoY to 5.5%. Its own appeal sector stated a 28% YoY enter its GMV at Rs 2,543 crore while style reported a 15% uptick in GMV at Rs 7,74 crore. Charm segment earnings skyrocketed by 23% to Rs 1,594 crore while fashion trend domain name reported 21% development at Rs 149 crore.Among other vital takeaways, FSN E-Commerce stated collective client base at 3.5 crore which was actually a thirty three% YoY growth. It also incorporated more than 1,500 brands in a year, taking the total count to 6,700+ international and also domestic brands.Nykaa reached the 200-stores landmark during the course of the part.
Posted On Aug thirteen, 2024 at 05:08 PM IST.




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