Income from operations got here in at Rs 1,098.36 crore, up 35.94 per cent in opposition to Rs 807.96 crore within the 12 months in the past quarter.
Sequentially, each numbers have been higher. Revenue climbed 24 p.c in comparison with the September 2021 quarter and income rose 24 per cent.
The corporate mentioned its Ebitda stood at Rs 69 crore at a margin of 6.3 per cent (vs 3.3 per cent in Q2FY22).
The sequential outperformance was pushed by larger gross revenue margin. Nevertheless, it was down 697 bps year-on-year. Nykaa’s consolidated GMV grew 26 per cent sequentially and 49 per cent year-on-year to Rs 2,043.5 crore within the quarter.
Magnificence and private care (BPC) GMV grew 29 per cent QoQ and 32 per cent YoY, whereas trend GMV grew 17 per cent QoQ and 137 per cent YoY, the agency mentioned.
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“We proceed to be on a gradual progress trajectory throughout each magnificence and trend companies. Development within the magnificence enterprise accelerated in a comparatively normalised Covid surroundings, with a robust revival within the cosmetics class,” mentioned Falguni Nayar, MD and CEO of Nykaa’s father or mother firm.
The model’s bodily retailer community additionally skilled considered one of its strongest quarters ever and the corporate continued opening new shops consistent with our bigger omnichannel imaginative and prescient. Advertising continues to be an space of funding for Nykaa, to reacquire in addition to recruit new shoppers as a method to make sure stronger natural progress, she added.
Extra to come back…
