FSN E-Commerce Ventures Reports Robust Q1 Performance with 143% Surge in Net Profit
Pace E-Commerce Ventures, Nykaa's parent company, reported impressive Q1 financial results. Net profit surged 143% to ₹233.00 crore, while revenue grew 23.4% to ₹2,155.00 crore. EBITDA increased 46.7% to ₹141.00 crore, with the EBITDA margin improving to 6.53%. The company's annual performance shows a 63.95% revenue increase and a 35.42% net profit growth, indicating strong market presence and operational efficiency in the e-commerce sector.