FSN E-Commerce Ventures, which operates beauty and fashion retailer, Nykaa announced its quarter 4 results today. Company has reported d a net profit of Rs 9 crore in the quarter ended 31 March, 2024, up more than 4X from Rs 2 crore in the year-ago period, driven by better customer acquisition efforts and higher platform conversions. Company reported a revenue of Rs 1,668 crore, up 28 percent from Rs 1,302 crore in the same period last year. FSN E-commerce Nykaa’s shares ended the day’s at Rs 179.35 on May 22 on the BSE, up 1.2 percent from the previous close.
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