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FSN E-Commerce Ventures Ltd Q3FY24; 112% 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 Q3FY24 of ₹1,789.00 Crores up from ₹1,463.00 Crore year on year, a rise of 22.28%.

Total Expenses for Q3FY24 of ₹1,770.00 Crores up from ₹1,456.00 Crores year on year, a rise of 21.57%.

Consolidated Net Profit of ₹17.00 Crores up 112.5% from ₹8.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.06, up 100.00% from ₹0.03 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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