Today (November 12), FSN E-Commerce Ventures, the company running the Nykaa brand of beauty and wellness items online, is prepared to release its September quarter (Q2 FY25) financial results.
According to news reports, Nykaa will post strong results for the current quarter because of the expansion of its Beauty and Personal Care (BPC) division.
According to the news reports, analysts predict that Nykaa’s revenue will increase by 27.06% year over year (YoY) to an average of ₹1,914.86 crore from ₹1,507 crore the previous year.
Sequential revenue growth is anticipated to be 9.66%.
An average of ₹26.4 crore is Nykaa’s expected net profit, which is 355.17% higher than the ₹5.8 crore recorded a year before. The number is anticipated to increase by an average of 175% every quarter.
A 26.8% YoY increase in earnings before interest, tax, depreciation, and amortization (EBITDA) is anticipated.
The Beauty and Personal Care (BPC) sector is expected to drive a 26.2% YoY gain in overall revenue to ₹1,902.2 crore, while fashion is expected to remain muted, according to a Business Standard article.
According to Nykaa’s Q2 business report, the company had a great July–September quarter, with a consolidated net revenue increase in the mid-twenties for Q2 FY2025.
According to Nykaa, their beauty vertical has produced strong net revenue growth and mid-twenties Net Sales Value (NSV) growth, with even higher GMV growth.
Falguni Nayar, the founder and CEO of Nykaa, stated in a recent interview with PTI that the quick commerce model addresses “very different” use cases and is appropriate for more general product categories like groceries and everyday items. He also emphasized that beauty and fashion platforms do not want to enter this market.
According to Nayar, Nykaa is constantly working to improve delivery schedules, get closer to clients, and expand its network.
She outlined the megatrends influencing the beauty and fashion industries and claimed that Indian customers are on a “premiumization” journey in every category, demanding higher quality and more from the offerings.
Nykaa Q1 FY25 Results
The consolidated net profit of FSN E-Commerce Ventures, the company that operates the beauty and fashion portal Nykaa, more than doubled to ₹13.64 crore during the June quarter of FY25.
A year ago, the company reported a net profit of ₹5.42 crore for the same time frame.
Operating revenue grew by around 23% from ₹1,421.82 crore to ₹1,746.11 crore.
Leading the surge was Nykaa’s beauty division, which saw a roughly 23% rise in revenue from ₹1,298.36 crore to ₹1,593.51 crore in the June 2024 quarter.
The apparel segment’s revenue increased from ₹122.45 crore to ₹148.6 crore, a 21% increase.
On a year-to-date (YTD) basis, Nykaa’s shares have increased by around 7%. The stock has increased by 21% in the last 12 months.
