FSN E-Commerce Ventures Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 24, 2023 at 03:58 pm IST
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FSN E-Commerce Ventures Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 13,017.24 million compared to INR 9,733.2 million a year ago. Revenue was INR 13,114.62 million compared to INR 9,844.59 million a year ago. Net income was INR 24.11 million compared to INR 85.6 million a year ago. Basic earnings per share from continuing operations was INR 0.01 compared to INR 0.03 a year ago. Diluted earnings per share from continuing operations was INR 0.01 compared to INR 0.03 a year ago.
For the full year, sales was INR 51,438 million compared to INR 37,739.35 million a year ago. Revenue was INR 51,740.13 million compared to INR 38,009.07 million a year ago. Net income was INR 192.62 million compared to INR 410.75 million a year ago. Basic earnings per share from continuing operations was INR 0.07 compared to INR 0.15 a year ago. Diluted earnings per share from continuing operations was INR 0.07 compared to INR 0.15 a year ago.
FSN E-Commerce Ventures Limited is a consumer technology platform company. The Company is engaged in the business of manufacturing, selling and distribution of beauty, wellness, fitness, personal care, health care, skin care, hair care products on the online platforms or websites, such as e-commerce, m-commerce, Internet, and intranet, as well as through retail outlets, general trade and modern trade. Its platform offers a wide range of products catering to women, men, and children, encompassing diverse demographics and price points. Its business verticals include Nykaa Beauty, Nykaa Fashion and Nykaa Others. Nykaa Beauty is engaged in the beauty and personal care. Nykaa Fashion is engaged in apparel and accessories. Nykaa Others includes NykaaMan, SuperStore by Nykaa, International, LBB and Nudge. Its beauty and personal care offer brands primarily across make-up, skincare, haircare, bath and body, fragrance, grooming appliances, personal care, and health and wellness categories.
FSN E-COMMERCE VENTURES LIMITED 
