Nykaa Q2 Results: FSN E-Commerce Ventures, which operates magnificence and private care (BPC) firm Nykaa, on Monday posted a 50 per cent leap in its internet revenue to Rs 7.8 crore within the second quarter ended September 2023. The leap in revenue was led largely by Nykaa’s magnificence and private care (BPC) enterprise, which witnessed a powerful demand throughout its flagship sale occasion in July.
Nykaa’s internet revenue had stood at Rs 5.2 crore within the corresponding final yr.
On a quarterly foundation, Nykaa’s internet revenue elevated 44 per cent from Rs 5.4 crore reported within the first quarter of the present fiscal.
The firm’s income from operations throughout July-September 2023 jumped 22 per cent YoY to Rs 1,507 crore, in contrast with Rs 1,231 crore within the yr-in the past interval.
Nykaa’s Ebitda (earnings earlier than curiosity, taxes, depreciation and amortisation) margin improved from 5 per cent in Q2FY23 to five.4 per cent in Q2FY24.
Nykaa’s whole bills stood at Rs 1,502 crore in Q2FY24, up 22 per cent from Rs 1,229 crore in the identical interval final yr.
