Business Economy


Nykaa profit surges 300 pc to Rs 9.07 crore in Q4

New Delhi, May 22 (UNI) FSN E-Commerce Ventures which operates fashion and beauty retail brand Nykaa on Wednesday reported nearly 300% year-on-year rise in profit at Rs 9.07 crore in January-March quarter (Q4) of the financial year 2023-24.
The start-up had posted a profit of Rs 2.27 crore in the Q4 of the previous financial year 2022-23.
Nykaa's revenue from operations in the March quarter of FY24 stood at Rs 1,667.9 crore as against Rs 1,301.7 crore in the corresponding period of the previous financial year.
The company's earnings before interest, taxes, depreciation, and amortization or EBITDA stood at Rs 93.3 crore in the Q4 of FY24 with EBITDA margin at 5.6%.
Nykaa's consolidated GMV (gross merchandise value) grew 32% year-on-year to Rs 3,217.2 crore in the March quarter of FY24.
The company said in a media release that strong Q4 performance enabled the full year FY2024 consolidated GMV (gross merchandise value) to grow 28% year-on-year and reach Rs 12,446.1 crore.
"FY2024 consolidated revenue grew 24% YoY to Rs 63,856 million (Rs 6,385.6 crore). Full year EBITDA margin grew to 5.4% and stood at Rs 3,462 million (Rs 346.2 crore)," the company said.
UNI NK CS2023
More News
Sensex Jumps 677 55 points

Sensex Jumps 677 55 points

16 Jun 2025 | 7:34 PM

Mumbai, Jun 16 (UNI) BSE Sensex on Monday rebounded by 677.55 to close at 81,796.15, after two straight sessions of losses, despite lingering concerns over rising geopolitical tensions between Israel and Iran that continued to impact the global market sentiment.

see more..

Continental Coffee launches Percol in India

16 Jun 2025 | 7:22 PM

Mumbai, June 16 (UNI) CCL Products (India) Ltd, one of India’s leading coffee manufacturers, today announced the launch of Percol, an iconic UK-based premium coffee brand.

see more..

Kottayam-Kochi rubber market rates

16 Jun 2025 | 5:05 PM

Kottayam, June 16 (UNI) Following were the market rates of rubber per quintal announced by the Rubber Board here on Monday.

see more..

String Metaverse secures Canadian Fintech Licence

16 Jun 2025 | 5:02 PM

Hyderabad, June 16 (UNI) String Metaverse Limited, a next-generation digital finance infrastructure Web3 company, on Monday announced it has officially received its Fintech Licence (MSB registration) from FINTRAC Canada, headquartered in Vancouver.

see more..

Rupee up by 2 paise to 86 06 against US dollar

16 Jun 2025 | 4:47 PM

Mumbai, June 16 (UNI) The rupee on Monday appreciated by 2 paise to close at 86.06 against the US dollar amid a strong show at the domestic equity markets, a weakening dollar, and easing of global crude oil prices, traders said.

see more..