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Nykaa reports 96% fall in Q2 consolidated net profit

15 Nov 2021 Evaluate

FSN E-Commerce Ventures (Nykaa) has reported results for second quarter ended September 30, 2021.

The company has reported a rise of 94.67% in its net profit at Rs 18.26 crore for the quarter under review as compared to Rs 9.38 crore for the same quarter in the previous year. Total income of the company increased by 26.69% at Rs 69.96 crore for Q2FY22 as compared Rs 55.22 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 95.67% in its net profit at Rs 1.17 crore for the quarter under review as compared to Rs 26.99 crore for the same quarter in the previous year. However, total income of the company increased by 47.21% at Rs 890.46 crore for Q2FY22 as compared Rs 604.90 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Eternal 323.00
Swiggy 277.90
Meesho 216.60
FSN E-Comm. Ventur. 343.20
Brainbees Solutions 168.60
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