Nykaa Q1 Results: Net profit surges over threefold to Rs.80 crore on strong beauty demand
New Delhi, Aug. 4 -- Nykaa's parent, FSN E-Commerce Ventures Ltd., reported a sharp rise in its consolidated profit for the June quarter, boosted by growth in its beauty business and a sharp acceleration in fashion sales.
The company posted a 226% year-on-year (YoY) jump in consolidated net profit to Rs.80 crore in the April-June quarter, according to its regulatory filing released on Tuesday.
Consolidated revenue from operations rose 29% YoY to Rs.2,782 crore during the quarter. At the operating level, EBITDA increased 68% YoY to Rs.236 crore, while the EBITDA margin expanded 200 basis points to 8%.
The strong quarterly performance was primarily driven by sustained demand for skincare and makeup products. Revenue from the beauty segme...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.