Latest news with #FSNE-Commerce
Time of India
3 days ago
- Business
- Time of India
Nykaa Q4 Results: Cons PAT skyrockets 193% YoY to Rs 20 crore, revenue up 24%
FSN E-Commerce, which operates Nykaa brand announced its Q4FY25 earnings on Friday where the company reported a net profit growth of 193 per cent to Rs 20 crore versus Rs 7 crore in the year ago period. The profit is attributable to the equity shareholders of the parent. The revenue from operations was reported at Rs 2,062 crore which was a 24 per cent uptick over Rs 1,668 crore reported in the corresponding period of the previous financial year. The profit after tax was down by just over 2 per cent on a sequential basis versus Rs 26 crore reported in Q3FY25 while the revenue from operations declined 9 per cent over Rs 2,267 crore reported in the October-December quarter of FY25. For the full financial year, the net profit stood at Rs 66 crore, up by 105 per cent versus Rs 32 crore posted by the company in FY25. The topline was up at Rs 7,950 crore in FY25 from Rs 6,386 crore in FY24, recording a growth of 24 per cent . The company incurred expenses of Rs 2,031 crore in Q4FY25, which was down on a sequential basis from Rs 2,228 crore in Q3FY25 and Rs 1,655 crore in Q4FY24. The expenses were made under the heads like cost of material consumed, purchase of traded goods, employee benefits expense and finance cost. The earnings were announced after market hours and Nykaa shares today ended at Rs 200.80 on the NSE, down by Rs 3.71 or 1.81 per cent over the Thursday closing price. The overall sentiments remained subdued today as the headline index Nifty today closed at 24,750.70, down 0.33 per cent .
Mint
3 days ago
- Business
- Mint
Nykaa to expand rapid delivery service to more metros as quick commerce takes off
Bengaluru: FSN E-Commerce Ltd, the parent company of beauty e-tailer Nykaa, will expand its rapid delivery service to more metro cities, anticipating promising growth in the segment as consumer adoption widens. There has been relatively good traction, and a good percentage of the company's orders are serviced through Nykaa Now, the framework that ensures delivery within 60 minutes, said Anchit Nayar, executive director and chief executive officer of Nykaa's beauty business. 'There is a plan to expand it to several other metros in the coming months,' Nayar said during the Q4 earnings call on Friday. The Mumbai-based company began pilot projects of Nykaa Now in select parts of Mumbai in October. Through its network of 'rapid warehouses', the service delivers beauty and personal care products in 60 minutes to three hours. According to Nayar, the company's key differentiator lies in what he called the largest assortment of beauty products available in the rapid delivery network. 'We've made a lot of our assortment available for Nykaa Now and that's really been a big differentiator to the consumer to have that power of choice, which is still not as well developed on some of the other rapid delivery platforms that are out there,' the executive said. The company does not rely on its network of physical stores to fuel rapid deliveries, although it sees an opportunity in using them to fulfil hyperlocal delivery. 'We do have the capability of using our physical stores to service e-commerce orders in the relevant pin code. But our stores are experiential stores, and it doesn't make much fiscal sense to use them as warehouses,' Nayar added. In November, Nykaa had highlighted that its investments in setting up rapid warehouses are expected to stay lean, noting that the high average order values in beauty e-commerce allow the company to expand its logistics efficiently and profitably. The gross merchandise value (GMV) of Nykaa's beauty business jumped 30% to ₹ 11,775 crore in FY25. GMV in the January-March quarter climbed to ₹ 3,058 crore from ₹ 2,339 crore in the year-ago period. Revenue from Nykaa's fashion arm grew 19% to ₹ 675 crore in FY25 while its GMV was ₹ 3,804 crore from 3,385 crore in the previous year, hurt by the muted performance of its own brands and lower marketplace and service income. Nykaa's revenue from operations increased 24% to ₹ 2,062 crore in the fourth quarter, while profit after tax rose to ₹ 19 crore from ₹ 9 crore a year earlier. FSN E-Commerce shares fell 1.81% to ₹ 200.80 at the close on the National Stock Exchange before the results were announced.
Time of India
3 days ago
- Business
- Time of India
Nykaa makes biggest physical expansion in retail space in FY25, adds 50 new stores
Nykaa's parent company, FSN E-Commerce, announced its Q4FY25 earnings, revealing a significant expansion of its retail presence with 50 new stores. The company reported a substantial 193% surge in net profit, reaching Rs 20 crore. Revenue from operations also saw a healthy 24% increase, climbing to Rs 2,062 crore, demonstrating strong financial performance. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Falguni Nayar-led Nykaa on Friday said that the company clocked its highest ever physical expansion in FY25, with addition of 50 stores."Nykaa's offline network continues to get bigger every year and now spans 237 physical stores across 79 cities. Nykaa has significantly expanded its retail footprint - adding 50 stores in FY25– marking its highest ever physical expansion to date. Nykaa's profitable store network delivered 31% YoY GMV growth and 15% same-store sales growth (SSSG)," said the firm in its press statement. FSN E-Commerce , which operates Nykaa brand announced its Q4FY25 earnings on Friday where the company reported a net profit growth of 193 per cent to Rs 20 crore versus Rs 7 crore in the year ago period. The profit is attributable to the equity shareholders of the revenue from operations was reported at Rs 2,062 crore which was a 24 per cent uptick over Rs 1,668 crore reported in the corresponding period of the previous financial profit after tax was down by just over 2 per cent on a sequential basis versus Rs 26 crore reported in Q3FY25 while the revenue from operations declined 9 per cent over Rs 2,267 crore reported in the October-December quarter of the full financial year, the net profit stood at Rs 66 crore, up by 105 per cent versus Rs 32 crore posted by the company in FY25. The topline was up at Rs 7,950 crore in FY25 from Rs 6,386 crore in FY24, recording a growth of 24 per cent .The company incurred expenses of Rs 2,031 crore in Q4FY25, which was down on a sequential basis from Rs 2,228 crore in Q3FY25 and Rs 1,655 crore in Q4FY24. The expenses were made under the heads like cost of material consumed, purchase of traded goods, employee benefits expense and finance earnings were announced after market hours and Nykaa shares today ended at Rs 200.80 on the NSE, down by Rs 3.71 or 1.81 per cent over the Thursday closing price. The overall sentiments remained subdued today as the headline index Nifty today closed at 24,750.70, down 0.33 per cent .
Economic Times
3 days ago
- Business
- Economic Times
Nykaa Q4 Results: Cons PAT skyrockets 193% YoY to Rs 20 crore, revenue up 24%
FSN E-Commerce, which operates Nykaa brand announced its Q4FY25 earnings on Friday where the company reported a net profit growth of 193% to Rs 20 crore versus Rs 7 crore in the year ago period. The profit is attributable to the equity shareholders of the parent. ADVERTISEMENT The revenue from operations was reported at Rs 2,062 crore which was a 24% uptick over Rs 1,668 crore reported in the corresponding period of the previous financial year. The profit after tax was down by just over 2% on a sequential basis versus Rs 26 crore reported in Q3FY25 while the revenue from operations declined 9% over Rs 2,267 crore reported in the October-December quarter of FY25. For the full financial year, the net profit stood at Rs 66 crore, up by 105% versus Rs 32 crore posted by the company in FY25. The topline was up at Rs 7,950 crore in FY25 from Rs 6,386 crore in FY24, recording a growth of 24%.The company incurred expenses of Rs 2,031 crore in Q4FY25, which was down on a sequential basis from Rs 2,228 crore in Q3FY25 and Rs 1,655 crore in Q4FY24. The expenses were made under the heads like cost of material consumed, purchase of traded goods, employee benefits expense and finance earnings were announced after market hours and Nykaa shares today ended at Rs 200.80 on the NSE, down by Rs 3.71 or 1.81% over the Thursday closing price. The overall sentiments remained subdued today as the headline index Nifty today closed at 24,750.70, down 0.33%. ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
3 days ago
- Business
- Time of India
Nykaa Q4 Results: Cons PAT skyrockets 193% YoY to Rs 20 crore, revenue up 24%
(You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel FSN E-Commerce, which operates Nykaa brand announced its Q4FY25 earnings on Friday where the company reported a net profit growth of 193% to Rs 20 crore versus Rs 7 crore in the year ago revenue from operations was reported at Rs 2,062 crore which was a 24% uptick over Rs 1,668 crore reported in the corresponding period of the previous financial to come...
