FSN E-Commerce Ventures, which operates beauty & personal care brand Nykaa, witnessed a couple of block deals in which French multinational bank BNP Paribas net sold shares worth Rs 502 crore through its investment arm BNP Paribas Financial Markets.
It sold over 2.48 crore shares at a price of Rs 202.81 a piece which was at a 1% discount from the Thursday closing price of Rs 204.65 on the BSE. The size of the deal was Rs 504 crore.
In another block deal, BNP Paribas Financial Markets bought over 1 lakh shares at a price of Rs 202.08 per share, taking the deal size to Rs 2 crore.
Also Read: Nykaa Q4 Results: Cons PAT skyrockets 193% YoY to Rs 20 crore, revenue up 24%
FSN E-Commerce, which operates Nykaa brand, announced its Q4FY25 earnings on Friday where the company reported a net profit growth of 193% to Rs 20 crore versus Rs 7 crore in the year ago period. The profit is attributable to the equity shareholders of the parent.
The revenue from operations was reported at Rs 2,062 crore which was a 24% uptick over Rs 1,668 crore reported in the corresponding period of the previous financial year.
The profit after tax was down by just over 2% on a sequential basis versus Rs 26 crore reported in Q3FY25 while the revenue from operations declined 9% over Rs 2,267 crore reported in the October-December quarter of FY25.
For the full financial year, the net profit stood at Rs 66 crore, up by 105% versus Rs 32 crore posted by the company in FY25. The topline was up at Rs 7,950 crore in FY25 from Rs 6,386 crore in FY24, recording a growth of 24%.
The earnings were announced after market hours and Nykaa shares today ended at Rs 200.80 on the NSE, down by Rs 3.71 or 1.81% over the Thursday closing price. The overall sentiments remained subdued today as the headline index Nifty today closed at 24,750.70, down 0.33%.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
It sold over 2.48 crore shares at a price of Rs 202.81 a piece which was at a 1% discount from the Thursday closing price of Rs 204.65 on the BSE. The size of the deal was Rs 504 crore.
In another block deal, BNP Paribas Financial Markets bought over 1 lakh shares at a price of Rs 202.08 per share, taking the deal size to Rs 2 crore.
Also Read: Nykaa Q4 Results: Cons PAT skyrockets 193% YoY to Rs 20 crore, revenue up 24%
FSN E-Commerce, which operates Nykaa brand, announced its Q4FY25 earnings on Friday where the company reported a net profit growth of 193% to Rs 20 crore versus Rs 7 crore in the year ago period. The profit is attributable to the equity shareholders of the parent.
The revenue from operations was reported at Rs 2,062 crore which was a 24% uptick over Rs 1,668 crore reported in the corresponding period of the previous financial year.
The profit after tax was down by just over 2% on a sequential basis versus Rs 26 crore reported in Q3FY25 while the revenue from operations declined 9% over Rs 2,267 crore reported in the October-December quarter of FY25.
For the full financial year, the net profit stood at Rs 66 crore, up by 105% versus Rs 32 crore posted by the company in FY25. The topline was up at Rs 7,950 crore in FY25 from Rs 6,386 crore in FY24, recording a growth of 24%.
The earnings were announced after market hours and Nykaa shares today ended at Rs 200.80 on the NSE, down by Rs 3.71 or 1.81% over the Thursday closing price. The overall sentiments remained subdued today as the headline index Nifty today closed at 24,750.70, down 0.33%.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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