Nykaa’s profit zooms 66 per cent

Beauty and fashion firm FSN E-commerce, which operates Nykaa, posted a 66% jump in profit after tax (PAT) year-on-year to Rs 13 crore compared to Rs 7.8 crore a year ago.

Revenue from operations stood at Rs 1,874.7 crore, up 24% from Rs 1,507 crore in Q2FY24. Ebitda stood at Rs 103.7 crore, up 29% y-o-y with Ebitda margin at 5.5%, up 19 basis points. Adjusted Ebitda margin (before ESOP expenses, GCC business and organisational restructuring expenses) came in at 6.2%, up 70 basis points over last year.