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FSN E-Commerce Ventures reports around 5-fold jump in Q2 consolidated net profit

01 Nov 2022 Evaluate

FSN E-Commerce Ventures has reported results for second quarter ended September 30, 2022.

The company has reported fall of 45.89% in its net profit at Rs 9.88 crore for Q2FY23 as compared to Rs 18.26 crore for the corresponding quarter previous year. However total income of the company increased by 19.31% to Rs 83.47 crore for the quarter under review as compared to Rs 69.96 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported around 5-fold jump in its net profit at Rs 5.65 crore for Q2FY23 as compared to Rs 1.17 crore for the same quarter in the previous year. Total income of the company increased by 38.95% to Rs 1,237.30 crore for the quarter under review as compared to Rs 890.46 crore for the same quarter in the 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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