{"id":4950,"date":"2024-11-12T18:06:20","date_gmt":"2024-11-12T12:36:20","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=4950"},"modified":"2024-11-12T18:06:22","modified_gmt":"2024-11-12T12:36:22","slug":"nykaas-q2-profit-rises-72-driven-by-beauty-and-fashion-sales","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/nykaas-q2-profit-rises-72-driven-by-beauty-and-fashion-sales\/","title":{"rendered":"Nykaa\u2019s Q2 Profit Rises 72%, Driven by Beauty and Fashion Sales"},"content":{"rendered":"\n<p>Nykaa reported a 72% increase in Q2 FY25 profit to Rs 10 crore, supported by strong sales in beauty and fashion. Total revenue from operations rose 24% year-on-year to Rs 1,875 crore, and gross merchandise value (GMV) increased by 24% to Rs 3,652.5 crore.<\/p>\n\n\n\n<p><strong>Business Highlights<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Beauty Segment<\/strong>: GMV grew 29%, boosted by premium fragrances and the Hot Pink Sale, which attracted 23 million visitors.<\/li>\n\n\n\n<li><strong>Fashion Segment<\/strong>: GMV rose by 10%, with the gross margin reaching 49.7%.<\/li>\n\n\n\n<li><strong>Store Expansion<\/strong>: Nykaa added two flagship beauty stores, bringing the total to 210, and introduced 170 new beauty brands and 260 fashion brands.<\/li>\n<\/ul>\n\n\n\n<p><strong>Financial Snapshot<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>EBITDA<\/strong>: Increased by 29% to Rs 103.7 crore.<\/li>\n\n\n\n<li><strong>Marketing Expenses<\/strong>: Rose 40% to Rs 286 crore, reflecting Nykaa\u2019s push for brand growth and customer acquisition.<\/li>\n<\/ul>\n\n\n\n<p><strong>Stock Movement<\/strong><\/p>\n\n\n\n<p>Nykaa shares fell by over 2% to Rs 179 ahead of the results, though the stock is up 18% over the last year.<\/p>\n\n\n\n<p>Do you have a news tip for Lakshmishree reporters? Please email us at <a>media@lakshmishree.com<\/a><\/p>\n\n\n\n<p><sub><sup>Source: <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/earnings\/nykaa-q2-net-profit-jumps-72-to-rs-10-crore-revenue-sees-robust-growth-12864885.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/earnings\/nykaa-q2-net-profit-jumps-72-to-rs-10-crore-revenue-sees-robust-growth-12864885.html\" rel=\"noreferrer noopener\">Moneycontrol<\/a><\/sup><\/sub><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nykaa reported a 72% increase in Q2 FY25 profit to Rs 10 crore, supported by strong sales in beauty and fashion. Total revenue from operations rose 24% year-on-year to Rs 1,875 crore, and gross merchandise value (GMV) increased by 24% to Rs 3,652.5 crore. Business Highlights Financial Snapshot Stock Movement Nykaa shares fell by over [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4951,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[62],"tags":[663],"class_list":["post-4950","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-results","tag-nykaa-q2"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=4950"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4950\/revisions"}],"predecessor-version":[{"id":4952,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4950\/revisions\/4952"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/4951"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=4950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=4950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=4950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}