Nykaa reports 66% jump in net profit to Rs 12.97 crore

NEW DELHI: E-commerce firm FSN E-Commerce Ventures has reported about 66%increase in consolidated net profit to Rs 12.97 crore in the second quarter ended on September 30, 2024, according to the company filing.

The company, which owns Nykaa brand, had posted a net profit of Rs 7.8 crore in the same period a year ago. The consolidated revenue from operations of Nykaa grew by 24.4%to Rs 1,874.84 crore during the reported quarter from Rs 1,507.02 crore in the September 2023 quarter.