Earnings Summary Of FSN E-Commerce Ventures For Q3 FY23

FSN E-Commerce Ventures (NSE: NYKAA) is a leading online beauty and wellness retailer in India. The company was founded in 2012 by Falguni Nayar and has since grown to become one of the largest e-commerce platforms in the country. Nykaa offers a wide range of products across categories such as makeup, skincare, haircare, personal care, and wellness. In terms of earnings, Revenue from Operations for Q3 FY23 was ₹1,462.8 crore, a 12% decrease from ₹1,098.36 crore in the same period last year. The Consolidated Net Profit was ₹8.48 crore, down 70% from ₹29.01 crore in the same quarter last year. This quarter’s earnings per share was ₹14.08.