FSN E-Commerce Ventures Ltd, the parent company of Nykaa, has some bright spots in its March quarter results. Consolidated Ebitda margin rose 147 basis points (bps) year-on-year and nearly 9bps sequentially to 5.4%. This is the first time in the March quarter where Nykaa’s Ebitda margin has risen sequentially post a seasonally-best December quarter, said JM Financial Institutional Securities analysts in a 25 May report.
In the March quarter, Nykaa benefited from factors such as moderation in fulfilment costs. In its mainstay beauty and personal care (BPC) segment, fulfilment cost fell to ₹86 per order, a multi-quarter low. This was driven by an increase in regional coverage of warehouses.
この記事は Mint Mumbai の May 26, 2023 版に掲載されています。
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この記事は Mint Mumbai の May 26, 2023 版に掲載されています。
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