Nykaa's parent company, FSN E-Commerce Ventures, reported a consolidated net profit of Rs 13.64 crore for the first quarter of FY25, marking a 152 per cent increase from Rs 5.42 crore in the same period last year, according to media reports.
The profit after tax (PAT) grew by 50 per cent over the Rs 9.07 crore reported in Q4 FY24, while revenue from operations increased by 4.6 per cent from Rs 1,668 crore in the January-March quarter, as per media reports. The revenue for the first quarter of FY25 stood at Rs 1,746.11 crore, up 23 per cent from Rs 1,421.82 crore in the corresponding quarter of FY24.
As per media reports, the company's board of directors also approved the further acquisition of a 39 per cent stake in Dot & Key Wellness Private Limited from the promoters/existing shareholders, in line with pre-agreed terms in shareholder agreements dated September 19, 2021, and January 9, 2024.
The company reported expenses at Rs 1,731.36 crore in the reported quarter, a 22 per cent increase from Rs 1,418.83 crore in the corresponding quarter of the last financial year, according to media reports.
As per media reports, the gross merchandising value (GMV) in the April-June quarter stood at Rs 3,321 crore, registering a 25 per cent year-on-year growth. The company's earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at Rs 96 crore, reflecting a 31 per cent year-on-year growth.
Its beauty segment reported a 28 per cent year-on-year jump in GMV to Rs 2,543 crore, while the fashion segment saw a 15 per cent increase in GMV to Rs 774 crore, according to media reports.
