
FSN E-Commerce Ventures, the parent company of Nykaa, has released its Q2 FY25 results. The company reported a 72% increase in net profit to Rs 10 crore, driven by strong revenue growth. However, this net profit figure missed the Street estimate. The revenue for the quarter rose by 24% year-on-year to Rs 1,914.86 crore, aligning with brokerages' estimates of a 27.06% YoY growth. Additionally, the PAT jumped 66% YoY, and the revenue saw a 9.66% QoQ increase.
#Nykaa Q2 #Results: #PAT jumps 66% YoY to Rs 13 crore; #revenue rises 24% #EarningsWithET https://t.co/kb6MCBOoKF
#EarningsWithMC | Nykaa Q2 net profit jumps 72% to Rs 10 crore on strong revenue growth, but misses Street estimate 💅📈 Find out more⤵️ https://t.co/IjNrlDjb19 #Nykaa #NetProfit #RevenueGrowth
Nykaa Q2 net profit jumps 72% to Rs 10 crore on strong revenue growth, but misses Street estimate https://t.co/Qo5SaoJESz via @moneycontrolcom