FSN E-Commerce Ventures Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 01, 2022 at 03:03 am
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FSN E-Commerce Ventures Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 12,308.29 million compared to INR 8,852.64 million a year ago. Revenue was INR 12,373.05 million compared to INR 8,904.62 million a year ago. Net income was INR 41.08 million compared to INR 11.7 million a year ago. Basic earnings per share from continuing operations was INR 0.015 compared to INR 0.005 a year ago. Diluted earnings per share from continuing operations was INR 0.015 compared to INR 0.005 a year ago.
For the six months, sales was INR 23,792.5 million compared to INR 17,022.55 million a year ago. Revenue was INR 23,940.89 million compared to INR 17,121.75 million a year ago. Net income was INR 86.58 million compared to INR 45.85 million a year ago. Basic earnings per share from continuing operations was INR 0.03 compared to INR 0.0167 a year ago. Diluted earnings per share from continuing operations was INR 0.03 compared to INR 0.0167 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 
