FSN E-Commerce Ventures, the parent company of Nykaa, reported a consolidated net profit of ₹72 crore for the fiscal year 2024–25 (FY25), marking an 81% increase from ₹39.74 crore in the previous year.
Key Financial Highlights
- Revenue Growth: Nykaa’s revenue from operations rose by 24% year-on-year to ₹7,950 crore in FY25, up from ₹6,386 crore in FY24.
- Q4 Performance: In the fourth quarter, the company reported a net profit of ₹20 crore, a 193% increase compared to ₹7 crore in the same period last year. Revenue for the quarter stood at ₹2,062 crore, reflecting a 24% year-on-year growth.
Segment Performance
- Beauty Segment: The beauty vertical remained the dominant revenue contributor, accounting for 92% of total revenue in Q4 FY25. Sales in this segment increased by 25% to ₹1,894 crore, driven by strong demand for premium products.
- Fashion Segment: The fashion division contributed ₹161 crore in revenue during Q4 FY25, marking a 10.9% year-on-year growth.
Operational Highlights
- Retail Expansion: Nykaa expanded its offline presence by adding 50 new stores in FY25, bringing the total to 237 stores across 79 cities. This expansion contributed to a 31% year-on-year growth in retail gross merchandise value (GMV).
- eB2B Platform: The company’s eB2B arm, Superstore by Nykaa, reported a 57% growth in GMV, reaching ₹941 crore in FY25.
Strategic Focus
Nykaa’s management emphasized continued focus on margin expansion and operational efficiency to sustain profitability. The company plans to leverage its strong foundation in metros and tier-1 cities to deepen store productivity and enhance customer experience. The Times of India
