FSN E-Commerce Ventures, the parent of Nykaa, on Monday released its fiscal third quarter earnings report with consolidated net profit at Rs 26.41 crore, recording a growth of 51.35 per cent in comparison to Rs 17.45 crore reported during the corresponding quarter of FY24. It posted revenue from operations at Rs 2,267.21 crore, up 26.74 per cent as against Rs 1,788.80 crore recorded during the third quarter of previous financial year. The company EBITDA stood at Rs 140.7 crore, up 42.6 per cent YoY.
While Nykaa’s beauty segment posted revenue during the quarter in review at Rs 2,060.01 crore, the fashion vertical reported a revenue of Rs 199.00 crore.
The company posted total expenses of Rs 2,228.18 crore during Q3FY25, up 25.89 per cent in comparison to Rs 1,769.89 crore incurred during the same period of previous fiscal.
Shares of Nykaa were down 2.25 per cent at 4:20 pm at a trading price of Rs 169.60.
More to come…
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