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FSN E-Commerce Ventures Ltd Q1FY24; 8% rise in Profits

FSN E-commerce Ventures Ltd. (FSNEV) popularly known as “Nykaa” is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. The company has a diverse portfolio of beauty, personal care, and fashion products, including owned brand products manufactured by it.


Financial Results:

  • FSN E-Commerce Ventures Ltd reported Revenues for Q1FY24 of ₹1,421.82 Crores up from ₹1,148.42 Crore year on year, a rise of 23.81%.
  • Total Expenses for Q1FY24 of ₹1,418.82 Crores up from ₹1,148.44 Crores year on year, a rise of 23.54%.
  • Consolidated Net Profit of ₹5.42 Crores up 8.18% from ₹5.01 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.01, down 50.00% from ₹0.02 in the same quarter of the previous year.
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