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  1. Nykaa Q1 profit doubles to ₹14 crore

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Nykaa Q1 profit doubles to ₹14 crore

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1 min read | Updated on August 13, 2024, 17:37 IST

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SUMMARY

Revenue from operations increased about 23% to ₹1,746.11 crore from ₹1,421.82 crore.

The growth was led by the beauty segment of Nykaa

The growth was led by the beauty segment of Nykaa

FSN E-Commerce Ventures, which owns beauty and fashion platform Nykaa, posted a two-fold jump in consolidated net profit at ₹13.64 crore for the June quarter FY25.

The company had posted a net profit of ₹5.42 crore for the same period a year ago.

Revenue from operations increased about 23% to ₹1,746.11 crore from ₹1,421.82 crore.

The growth was led by the beauty segment of Nykaa which reported about 23% increase in revenue to ₹1,593.51 crore in the June 2024 quarter from ₹1,298.36 crore a year ago.

The fashion segment revenue grew about 21% to ₹148.6 crore from ₹122.45 crore a year ago.

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