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Nykaa Q1 consolidated PAT shoots up to Rs 13.64 crore, earnings leaps 23%, ET Retail

.Agent ImageFSN Shopping Ventures, which functions Nykaa brand name, on Tuesday mentioned a combined web revenue of Rs 13.64 crore for the quarter ended June 30, 2024 which was actually up by 152% from Rs 5.42 crore reported by the elegance &amp individual care company in the year ago time period. The revenue coming from procedure for the reporting one-fourth stood up at Rs 1,746.11 crore, which was actually up by 23% coming from Rs 1,421.82 crore disclosed in the equivalent fourth of the previous economic year.On the sequential manner, the profit after income tax (DAB) developed through fifty% over Rs 9.07 crore stated in Q4FY24 while the income from operations was higher by 4.6% over 1,668 crore in the January-March quarter.The firm's panel of supervisors additionally authorized more acquisition of 39% concern in Dot &amp Key Health Private Limited coming from the promoters/existing investors as per the pre-agreed conditions in shareholder agreements of September 19, 2021 and January 9, 2024, the provider filing said.The board likewise approved more financial investment in The planet Rhythm Private Limited through blend of main and also secondary, causing Planet Rhythm becoming subsidiary of the company.The earnings were announced after market hours and also the equity finished over 3% lower at Rs 188 on the NSE today.The company mentioned expenditures at Rs 1 731.36 crore in the declared one-fourth which were up through 22% coming from Rs 1,418.83 crore posted due to the provider in the equivalent fourth of the last monetary year.The gross retailing worth or GMV in the April-June one-fourth stood at Rs 3,321 crore, signing up a 25% YoY development. Business's Revenues Before Passion, Tax Obligations, Loss Of Value as well as Amortisation (EBITDA) stood at Rs 96 crore which was a 31% YoY growth. EBITDA margin was up by 34 bps YoY to 5.5%. Its own beauty portion stated a 28% YoY pitch in its GMV at Rs 2,543 crore while manner reported a 15% uptick in GMV at Rs 7,74 crore. Appeal section income soared through 23% to Rs 1,594 crore while style domain disclosed 21% growth at Rs 149 crore.Among various other essential takeaways, FSN E-Commerce disclosed cumulative consumer base at 3.5 crore which was a 33% YoY development. It also added greater than 1,500 brand names in a year, taking the overall matter to 6,700+ global as well as domestic brands.Nykaa struck the 200-stores turning point in the course of the part.
Posted On Aug 13, 2024 at 05:08 PM IST.




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