Nykaa reports a net profit of ₹6.93 crore in Q4 FY24, up 187.4% from the previous year.
Revenue hits ₹1,668 crore, marking a 28% increase compared to ₹1,302 crore in the same period last year.
Consolidated GMV grew 32% YoY to ₹3,217.2 crore in Q4 FY24, driven by superior performance across all businesses.
EBITDA stood at ₹93.3 crore with a 5.6% margin. Adjusted EBITDA margin rose to 6.7%, up from 5.5% last year.
BPC GMV grew 30% YoY, highest in 6 quarters, driven by strong performance in cosmetics, skincare, and haircare.
Accelerated customer acquisition led to increased order volume and superior growth in core and emerging categories.
Revenue from other segments jumped 90% YoY to ₹146 crore, with GMV for the segment up 68% to ₹255 crore.
Nykaa's board authorized a ₹20 crore investment in FSN International and plans to invest $1.9 million in an overseas subsidiary.