Nykaa Q4 results: Net profit up 187% to Rs 6.9 crore, revenue up 28%

By Liam On May 22, 2024

1 minute read Last updated: May 22, 2024 | 5:07 PM IST

FSN E-Commerce Ventures, parent company of online beauty products retailer Nykaa, on Wednesday reported a consolidated net profit of Rs 6.93 crore for the quarter ended March 31 (Q4) in the financial year 2023-24 (FY24). At 187.4 percent, this was a nearly two-fold increase in net profit, compared to the reported Rs 2.41 crore in the same period a year ago.

Consolidated revenue from operations grew 28.1 percent to Rs 1,667.98 crore year-on-year (year-on-year) from Rs 1,301.72 crore.

Shares of FSN E-commerce closed trading at Rs 179.2 on the BSE on Tuesday, ahead of the company’s quarterly report.

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First print: May 22, 2024 | 5:07 PM IST