Nykaa Q3 Results: Net Profit Surges 51% to Rs 26 Crore
FSN E-Commerce Ventures, the parent company of the popular beauty and fashion brand Nykaa, has announced its fiscal third-quarter earnings, revealing a strong performance. The company reported a significant 51% year-on-year (Y-o-Y) increase in net profit.
Key Financial Highlights for Q3 FY25
- Net Profit: Rose to Rs 26.4 crore, compared to Rs 17.5 crore in the same period last year.
- Consolidated Revenue: Grew by 27% Y-o-Y to Rs 2,267 crore, up from Rs 1,789 crore a year ago.
Detailed Breakdown of Nykaa's Performance
Profitability
Nykaa's impressive net profit of Rs 26.4 crore represents a substantial improvement over the Rs 17.5 crore reported in the year-ago period. The company also saw an increase compared to the previous quarter, where it posted a profit of Rs 13 crore.
Revenue Growth
The company's consolidated revenue from operations reached Rs 2,267 crore, demonstrating strong growth compared to Rs 1,789 crore in the corresponding quarter of the previous fiscal year. It also marks an increase from Rs 1,875 crore in Q2 FY25.
Expenses
Nykaa's total expenses increased in line with revenue growth, reaching Rs 2,228 crore in the December quarter, up from Rs 1,770 crore in the year-ago period. The company reported expenses of Rs 1,859 crore in the previous quarter.
Market Reaction
Ahead of the earnings report, Nykaa's share price experienced a slight decline, sliding 2.3 percent to Rs 169.44 on the NSE at the end of trading on Monday, 10 February.
Overall, Nykaa's Q3 results showcase a robust financial performance, driven by significant growth in net profit and revenue. The company continues to solidify its position in the beauty and fashion market.
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