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FSN E-Commerce Ventures gains as its stepdown arm incorporates Wholly Owned Subsidiary in Dubai FSN E-Commerce Ventures is currently trading at Rs. 179.35, up by 1.70 points or 0.96% from its previous closing of Rs. 177.65 on the BSE. The scrip opened at Rs. 179.20 and has touched a high and low of Rs. 187.85 and Rs. 179.20 respectively. So far 115136 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 229.90 on 23-Aug-2024 and a 52 week low of Rs. 139.95 on 13-Feb-2024. Last one week high and low of the scrip...
FSN E-Commerce Ventures gains as its stepdown arm incorporates Wholly Owned Subsidiary in Dubai
FSN E-Commerce Ventures gains as its stepdown arm incorporates Wholly Owned Subsidiary in Dubai
Source: Accord Fintech
2024-11-13 11:16:38 am
India`s Nykaa posts Q2 profit jump on firm demand for beauty products  Indian retailer Nykaa reported a 72% rise in its second-quarter profit on Tuesday as its mainstay beauty products segment continued to drive growth ahead of the festive season. The company, listed as FSN E-Commerce Ventures, said its consolidated net profit rose to 100.4 million rupees ($1.19 million) for the quarter ended Sept. 30 from 58.9 million rupees a year ago. India's $28 billion beauty and personal care (BPC) market, which is expected to reach around $45 billion by 20...
India`s Nykaa posts Q2 profit jump on firm demand for beauty products
India`s Nykaa posts Q2 profit jump on firm demand for beauty products
Source: Reuters
2024-11-13 09:35:46 am
Indian e-tailer Nykaa misses Q1 profit estimate as apparel sales slow sharply Indian retailer Nykaa reported a much smaller-than-expected quarterly profit on Tuesday, hurt by slowing growth in its mainstay beauty products and especially in apparel sales. The company, listed as FSN E-Commerce Ventures, said its consolidated net profit nearly tripled to 96.4 million rupees ($1.2 million) in the first quarter. However, that was much smaller than analysts' average estimate of 226.8 million rupees, as per LSEG data. Nykaa, like other companies selling discretio...
Indian e-tailer Nykaa misses Q1 profit estimate as apparel sales slow sharply
Indian e-tailer Nykaa misses Q1 profit estimate as apparel sales slow sharply
Source: Reuters
2024-08-13 06:01:07 pm
FSN E-Commerce moves up as its arm to make further investment in Nessa International Holdings FSN E-Commerce Ventures is currently trading at Rs. 180.60, up by 1.55 points or 0.87% from its previous closing of Rs. 179.05 on the BSE. The scrip opened at Rs. 183.20 and has touched a high and low of Rs. 187.00 and Rs. 179.25 respectively. So far 242201 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 195.40 on 10-Jan-2024 and a 52 week low of Rs. 122.05 on 25-May-2023. Last one week high and low of the scrip...
FSN E-Commerce moves up as its arm to make further investment in Nessa International Holdings
FSN E-Commerce moves up as its arm to make further investment in Nessa International Holdings
Source: Accord Fintech
2024-05-23 10:15:51 am
Nykaa`s net profit nosedives 48 per cent to Rs 9 crore QoQ Online beauty and fashion marketplace Nykaa on Wednesday posted a net profit of Rs 9 crore in the January-March quarter, down 48 per cent (quarter-on-quarter) from Rs 17.45 crore in the same period last year.   FSN E-Commerce Ventures, the parent company of Nykaa, clocked revenue of Rs 1,668 crore in the full fiscal year (FY24), up 28 per cent from Rs 1,302 crore in FY23. The stock of FSN E-commerce closed at Rs 179.20 apiece on Wednesday. For FY24, the net profit grew by almost...
Nykaa`s net profit nosedives 48 per cent to Rs 9 crore QoQ
Nykaa`s net profit nosedives 48 per cent to Rs 9 crore QoQ
Source: IANS
2024-05-23 09:07:03 am
Indian beauty products retailer Nykaa posts near three-fold jump in Q4 profit India's FSN E-Commerce Ventures, parent of online beauty products seller Nykaa, reported a nearly three-fold jump in quarterly net profit attributable to shareholders on Wednesday as consumers were drawn to the heavy discounts it offered. The company also announced an investment of up to 200 million rupees ($2.4 million) in unit FSN International, which is an international exporter and retailer of beauty and personal care (BPC) products. Consolidated net profit attributable to share...
Indian beauty products retailer Nykaa posts near three-fold jump in Q4 profit
Indian beauty products retailer Nykaa posts near three-fold jump in Q4 profit
Source: Reuters
2024-05-22 05:58:47 pm
India`s Zomato hits record high, bucking internet stocks` sluggishness Shares of Indian food delivery platform Zomato hit a record high on Friday, as improving profitability paves the way for future growth, triggering a turnaround in investor sentiment. Zomato is the most-valuable internet stock in Asia's third-largest economy, with a market capitalisation of more than 1.51 trillion rupees ($18 billion). On Friday, its shares rose nearly 5% to 173.5 rupees. India's several new-age internet companies that hit the markets during the IPO frenzy in 202...
India`s Zomato hits record high, bucking internet stocks` sluggishness
India`s Zomato hits record high, bucking internet stocks` sluggishness
Source: Reuters
2024-03-01 02:34:45 pm
Indian beauty products retailer Nykaa nearly doubles Q3 profit on festive demand  India's FSN E-Commerce Ventures, parent of online beauty products seller Nykaa, reported a nearly two-fold jump in quarterly profit on Tuesday on festive demand and said that its board approved the demerger of its business-to-business (B2B) segment. The company's consolidated net profit rose 97% to 161.9 million rupees ($1.95 million) in the third quarter ended Dec. 31. It had posted a drop in net profit in three of its previous five quarters. E-commerce companies rolled o...
Indian beauty products retailer Nykaa nearly doubles Q3 profit on festive demand
Indian beauty products retailer Nykaa nearly doubles Q3 profit on festive demand
Source: Reuters
2024-02-06 05:23:11 pm
Foot Locker to step into India, inks deals with Metro Brands, Nykaa Foot Locker will enter the Indian market in 2024 in partnership with local peer Metro Brands and cosmetics-to-fashion retailer Nykaa, the U.S.-based athleisure chain said on Wednesday, giving it a much wider global footprint. Metro Brands, which has over 700 stores across India, will exclusively own and operate Foot Locker stores in the country and focus on selling shoes from brands such as Nike and Adidas. Nykaa Fashion, owned by FSN E-Commerce Ventures, will operate Foot Locker's ...
Foot Locker to step into India, inks deals with Metro Brands, Nykaa
Foot Locker to step into India, inks deals with Metro Brands, Nykaa
Source: Reuters
2023-11-30 09:48:04 am
Nykaa`s net profit jumps to Rs 7.8 cr in Q2, revenues up 22% Online beauty and fashion e-commerce major Nykaa registered Rs 7.8 crore in net profit in the second quarter of the current financial year, up from over Rs 5.1 crore in the same period last year. FSN E-Commerce Ventures, the parent company of Nykaa, saw a 22 per cent increase in revenue from operations at Rs 1,507 crore in Q2 FY24, up from Rs 1,230 crore in the same quarter last year.  Nykaa's stock closed nearly 5 per cent up at Rs 147.45 on Monday.  This year, the fes...
Nykaa`s net profit jumps to Rs 7.8 cr in Q2, revenues up 22%
Nykaa`s net profit jumps to Rs 7.8 cr in Q2, revenues up 22%
Source: Reuters
2023-11-07 09:33:10 am
India`s Arvind Fashions to sell Sephora retail division to Ambani`s Reliance Arvind Fashions said on Friday it will sell its beauty brands division, which retails products of LVMH-owned beauty chain Sephora, to billionaire Mukesh Ambani's retail unit Reliance Retail for 990.2 million rupees ($11.89 million). The deal, which will boost Reliance's portfolio of international brands, comes months after local media reported that Sephora and Reliance Retail had abandoned talks to form a retail partnership for the Indian market. Reliance launched its own beauty...
India`s Arvind Fashions to sell Sephora retail division to Ambani`s Reliance
India`s Arvind Fashions to sell Sephora retail division to Ambani`s Reliance
Source: Reuters
2023-11-03 02:09:16 pm