Latest news with #NSV
Hans India
30-05-2025
- Business
- Hans India
Nykaa's Q4 profit drops 28 pc on-quarter, total income dips
New Delhi: FSN E-Commerce Ventures Limited, the parent company of popular fashion brand Nykaa, on Friday reported 27.86 per cent sequential drop in its net profit at Rs 19.05 crore, down from 26.41 crore in Q3 FY24. The company also reported 8.89 per cent decrease in its total income at Rs 2,070 crore in Q4, compared to Rs 2,272.74 crore in Q3, according to its stock exchange filing. Falguni Nayar-run Nykaa registered a decrease of 9.08 per cent in its revenue from operations at Rs 2,061.76 crore in the January-March quarter, from Rs 2,267.21 crore in Q3. Meanwhile, total expenses decreased by 8.8 per cent in Q4. For full FY25, Nykaa's consolidated gross merchandise value (GMV) was up 25 per cent (on-year) at Rs 15,604 crore. In FY25, Nykaa's beauty vertical GMV was Rs 11,775 crore, delivering a yearly growth of 30 per cent. Nykaa said its offline network continues to get bigger every year and now spans 237 physical stores across 79 cities. Nykaa has expanded its retail footprint - adding 50 stores in FY25 – marking its highest ever physical expansion to date. Its profitable store network delivered 31 per cent YoY GMV growth and 15 per cent same-store sales growth (SSSG), affirming its market leadership in beauty omnichannel retail. 'In FY2025, the overall beauty vertical business saw cumulative customer base grow to more than 34 million (28 per cent YoY). Beauty vertical businesses' EBITDA margin as a percentage to NSV increased to 9.6 per cent in Q4 FY25, the highest in eight quarters, reflecting strong operational performance. The company's Board also approved appointment of S.N. Ananthasubramanian & Co as the Secretarial Auditors for a period of five consecutive years, commencing from financial year 2025-26 till financial year 2029-30, subject to approval of the shareholders of the company at the ensuing 13th Annual General Meeting.
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Business Standard
20-05-2025
- Business
- Business Standard
Diageo (USL) Q4 PAT rises 43% to Rs 421 crore, revenue rises 2.74%
USL reports 43% jump in Q4 PAT to Rs 421 crore, driven by strong P&A growth; NSV rises 8.9% despite fewer IPL matches, final dividend of Rs 8 per share proposed Bengaluru Bengaluru-based alcobev major Diageo (United Spirits Limited) reported a consolidated profit after tax (PAT) of Rs 421 crore for the fourth quarter ended 31 March FY25, up 42.7 per cent from Rs 295 crore in the same period last year. Net revenue for Q4 rose 2.74 per cent year-on-year to Rs 6,809 crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) stood at Rs 460 crore, registering a 37.7 per cent increase, driven by leveraged growth in the alcohol segment. The company posted a net sales value (NSV) of Rs 3,031 crore for the quarter, up 8.9 per cent annually. This growth was supported by the standalone business, partly offset by a lower number of Indian Premier League (IPL) matches played by Royal Challengers Bengaluru (RCB) in the January–March quarter compared to the corresponding period last year. Commenting on the full-year performance, Praveen Someshwar, chief executive officer and managing director, said: 'The challenging demand environment notwithstanding, we have delivered 13.2 per cent NSV growth for the prestige and above (P&A) segment in Q4FY25, and 9.9 per cent P&A growth for FY25, along with leveraged EBITDA growth that brings us closer to our medium-term guidance.' 'Looking ahead, we remain focused on delivering sustained growth while creating long-term value for all our stakeholders, in line with our ambition to be the best-performing, most trusted and respected consumer-packaged goods (CPG) company in India,' Someshwar added. The board has recommended a final dividend of Rs 8 per share for FY25, subject to shareholders' approval. For the full year FY25, PAT rose to Rs 1,582 crore compared to Rs 1,408 crore in FY24. Revenue for the full year FY25 is reported at Rs 27,612 crore, up 4.95 per cent from FY24. Diageo announced its Q4 results post-market hours on Tuesday. The company's shares closed at Rs 1,557.45 apiece, up 0.022 per cent on the BSE.
Irish Independent
19-05-2025
- Irish Independent
Satchwell murder trial hears evidence of HSE medical cards for Tina and husband Richard
The Central Criminal Court murder trial - which is now in its fourth week - also heard that his wife, Tina Satchwell (45), had held a medical card since 2002. Her partially skeletonised body was discovered following an invasive four-day Garda search of the Youghal home from October 10-12, 2023. The 58-year-old Leicester native claimed his wife died as he was defending himself from her after she attacked him with a wood chisel on March 20, 2017. Mr Satchwell's Central Criminal Court murder trial was told he stored her body in a chest freezer for a period before burying her in a 'clandestine' grave under the stairwell of their Cork home. The trial, before Mr Justice Paul McDermott and a jury of seven women and five men, is expected to run until June 5 or 6. In evidence today, HSE data director Rosalee Smith-Lynch confirmed she was asked by gardaí about medical card records for both Mr Satchwell and his wife. She confirmed Tina Satchwell had held a medical card since July 2, 2002, while Richard Satchwell had held one since August 28, 2003. Defence counsel Brendan Grehan SC queried why there were no references to the Satchwells having medical cards since 1993. Mr Grehan said his client had attended GPs under such auspices since 1993. The data in court was obtained from the National Scheme Viewer (NSV) of the HSE, an IT system that allows for recording all interactions between medical card holders and GPs. ADVERTISEMENT The court heard the system was centralised in 2011 - and it was possible that some records were not transferred for NSV storage. "I would have to check… I cannot comment," Ms Smith-Lynch said. Mr Satchwell has pleaded not guilty to the murder of his wife Tina at a time unknown on March 19/20, 2017, at his home at No 3 Grattan Street in Youghal, Co Cork, contrary to Common Law. Mr Satchwell has claimed his wife attacked him with a wood and, after falling to the ground, he defended himself by holding her away from him by the rope belt of her dressing gown. This somehow came up around her neck and she went limp.
Irish Independent
19-05-2025
- Irish Independent
Satchwell trial hears evidence of HSE medical cards for Tina and husband Richard
The Central Crim inal Court murder trial - which is now in its fourth week - also heard that his wife, Tina Satchwell (45), held a medical card since 2002. Her partially skeletonised body was discovered following an invasive four day Garda search of the Youghal home from October 10-12, 2023. The Leicester native claimed his wife died as he was defending himself from her after she attacked him with a wood chisel on March 20 2017. Mr Satchwell's Central Criminal Court murder trial was told he stored her body in a chest freezer for a period before burying her in a clandestine grave under the stairwell of their Cork home. The trial, before Mr Justice Paul McDermott and a jury of seven women and five men, is expected to run until June 5/6. In evidence today, HSE data director Rosealee Smith-Lynch confirmed she was asked by Gardaí about medical card records for both Mr Satchwell and his wife. She confirmed that Tina Satchwell had held a medical card since July 2 2002. Richard Satchwell had held a medical card since August 28 2003. Defence counsel Brendan Grehan SC queried why there were no references to the Satchwells having medical cards since 1993. Mr Grehan said his client had attended GPs under such auspices since 1993. ADVERTISEMENT The data in court was obtained from the National Scheme Viewer of the HSE, an IT system that allows for recording all interactions between medical card holders and GPs. The court heard the system was centralised in 2011 - and it was possible that some records were not transferred for NSV storage. "I would have to check… I cannot comment," Ms Smith-Lynch said. Mr Satchwell has pleaded not guilty to the murder of his wife Tina at a time unknown on March 19/20 2017 at his home at No 3 Grattan Street in Youghal, Co Cork contrary to Common Law. Mr Satchwell has claimed his wife attacked him with a wood chisel - and, after falling to the ground, he defended himself by holding her away from him by the rope belt of her dressing gown. This somehow came up around her neck and she went limp.
Associated Press
25-02-2025
- Business
- Associated Press
Nomura Strategic Ventures makes an investment in Nada
02/24/2025, Dallas, TX // KISS PR Brand Story PressWire // Nada, a leading fintech platform pioneering home equity investment products for homeowners and investors, today announced that Nomura Strategic Ventures, LLC (NSV) has provided financing through its venture debt fund, NSV Fund 1, to support Nada's continued growth and innovation. The investment will accelerate Nada's expansion as an institutional-grade home equity agreement (HEA) originator and fuel the development of Homeshares, its investment platform providing individuals access to the home equity asset class. This transaction provides Nada with flexible, non-dilutive capital and strengthens its engagement with Nomura to explore additional partnerships regarding HEA financing and capital markets strategies. 'We invest capital and also support the business-development objectives of startups,' said Neeraj Hora, CEO of NSV. 'We look forward to collaborating with Nada to explore future partnership opportunities around their home equity agreement asset.' 'In 2024, we experienced significant growth in our partner network and among homeowners embracing this exciting new asset class—home equity agreements. With the added support and partnership from Nomura, we are well-positioned to further accelerate our expansion.' said Tore Steen, CEO of Nada. Nada is the first SEC-qualified issuer, providing individual investors access to the emerging home equity agreement (HEA) asset class. Through its Homeshares platform, Nada has introduced multiple investment products centered on HEAs, including the newly launched U.S. Home Equity Fund I, which offers investors a diversified portfolio of HEAs across the U.S. with an institutional-grade securitization exit strategy. With its in-house originations team, Nada has enabled homeowners across 14 states to unlock home equity without taking on debt. As its capital stack expands, Nada has scaled HEA origination volume to over $10M per month and is well-positioned for continued growth as a market leader in the HEA space. Nada is a fintech platform that offers innovative home equity investment solutions, allowing homeowners to access their home equity without taking on debt. Through its Homeshares investment platform, Nada provides investors with access to diversified residential real estate markets through fractional investments in home equity, supported by institutional-grade financial structures. Nomura is a global financial services group with an integrated network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit About NSV NSV is a subsidiary of Nomura Holding America Inc. and manages Nomura Strategic Ventures Fund 1 (NSV Fund 1) as well as the investment activities of the Nomura Group's Financial Innovation office in the United States. This press release may contain forward-looking statements describing future expectations, plans, results, or strategies. These statements are subject to risks and uncertainties that may cause actual outcomes to differ materially from those projected. Changes in product offerings, regulatory plans, and business strategies are potential factors influencing such differences. Media Contact:
