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Nykaa profits spike over 50% in Q1 FY25; invests Rs 265 Cr in Dot & Key

EntrackrEntrackr · 11m ago
Nykaa profits spike over 50% in Q1 FY25; invests Rs 265 Cr in Dot & Key
Medial

Online beauty and fashion platform Nykaa has managed to improve its topline in the last quarter over Q4 FY24. Its revenue from operations grew 4.7% in the first quarter of the ongoing fiscal year whereas the firm’s profit spiked 51% during the same period. Nykaa’s revenue from operations increased to Rs 1,746 crore in Q1 FY25 from Rs 1,668 crore in Q4FY24, its unaudited consolidated financial statements sourced from National Stock Exchange show. The beauty segment comprised 91% of the total income while fashion accounted for 8.4% to the company’s coffers. At the same time, its gross merchandise value (GMV) stood at Rs 3,321 crore in Q1 FY25. In the last quarter, Nykaa processed 12.4 million orders in the beauty segment and 1.7 million from the fashion vertical. The average order value stood at Rs 1,924 for beauty and Rs 1,237 for fashion. For Nykaa, the cost of materials formed 57.2% of the overall expenditure which increased to Rs 990 crore in Q1 FY25. The firm’s spending on employee benefits, finance, marketing, technology, and other overheads pushed its total cost to Rs 1,731 crore in Q1 FY25. The marginal growth in its scale enabled Nykaa to book an over 50% jump in its profit to Rs 13.6 crore in Q1 FY25 from Rs 9 crore in Q4 FY24. Nykaa also increased its stake in its subsidiary Dot & Key to 90% with an additional consideration of Rs 265.3 crore. Importantly, the Falguni Nayar-led company also increased its stake in Earth Rhythm making it a subsidiary company with an undisclosed investment. The Mumbai-based company is currently trading at Rs 188 (as of Aug 13), with a total market capitalization of Rs 53,697 crore ($6.7 billion).

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Nykaa posts Rs 2,267 Cr revenue in Q3 FY25, profit soars 52%

EntrackrEntrackr · 5m ago
Nykaa posts Rs 2,267 Cr revenue in Q3 FY25, profit soars 52%
Medial

Nykaa posts Rs 2,267 Cr revenue in Q3 FY25, profit soars 52% Online beauty and fashion platform Nykaa reported strong growth in Q3 FY25, with its revenue from operations rising 26.8% year-on-year and profits surging 51.7% during the quarter ending December 2024. According to its unaudited consolidated financial statements sourced from the NSE, Nykaa's revenue from operations grew to Rs 2,267 crore in Q3 FY25, compared to Rs 1,789 crore in Q3 FY24. The beauty segment accounted for 90.9% of the total revenue at Rs 2,060 crore, while the fashion segment contributed 8.8% of the operating income in the last quarter. For Nykaa, the cost of materials constituted 57.2% of its total expenditure, rising to Rs 1,276 crore in Q3 FY25. Additional spending on employee benefits, finance, marketing, technology, and other overheads brought the company’s total costs to Rs 2,228 crore during the quarter. Steady growth in its scale helped Nykaa achieve a 51.7% increase in profit, reaching Rs 26.4 crore in Q3 FY25, compared to Rs 17.4 crore in Q3 FY24. Nykaa has acquired a majority stake in Earth Rhythm, following its initial minority investment in the company in 2022. This move was achieved through a combination of primary and secondary transactions. Additionally, Nykaa increased its stake in its subsidiary Dot & Key to 90% with an additional investment of Rs 265.3 crore. As of 4:10 PM, Nykaa’s shares are trading at Rs 170.5, giving the Mumbai-based company a market cap of Rs 48,739 crore ($5.8 billion).

TBO reports Rs 418 Cr revenue and Rs 61 Cr profits in Q1 FY25

EntrackrEntrackr · 11m ago
TBO reports Rs 418 Cr revenue and Rs 61 Cr profits in Q1 FY25
Medial

Business focused travel distribution platform Travel Boutique Online (TBO) has announced its first quarterly results since going public. The Gurugram-based company saw an increase in both revenue and profit during the first quarter of the current fiscal year. TBO’s operating revenue increased by 13.4% to Rs 418.46 crore in Q1 FY25 from Rs 369 crore in Q4 FY24, its unaudited consolidated financial statements sourced from National Stock Exchange (NSE) show. Income from booking of hotels and packages accounted for 76.63% of TBO’s revenue which increased to Rs 227 crore in Q1 FY25. Meanwhile, income from air ticketing brought Rs 23 core to the firm’s topline. When it comes to cost, TBO’s total expense grew by 11.1% to Rs 358.4 crore in Q1 FY25 from Rs 322.62 crore in Q4 FY24. Services fee was the largest cost center which accounted for 38.7% of the total expense. This expenditure stood at Rs 139 crore in Q1 FY25. The company also spent Rs 82.16 crore on salaries and other employee benefit schemes. TBO growth in scale enabled the firm to post a 31.3% spike in profits to Rs 60.91 crore in Q1 FY 25 from Rs 46.39 crore in Q4 FY24. For context, the company posted Rs 200 crore profits during FY24. The company went public in May this year, raising Rs 400 crore through a fresh issue and offering up to 12,508,797 equity shares for sale. As of August 13, TBO Tek is trading at Rs 1,632, with a total market capitalization of Rs 17,721 crore (around $2.1 billion).

Zomato crosses $25 Bn market cap with Rs 253 Cr profits in Q1FY25

EntrackrEntrackr · 11m ago
Zomato crosses $25 Bn market cap with Rs 253 Cr profits in Q1FY25
Medial

Foodtech and quick commerce platform Zomato on Thursday released its financial results for the first quarter of the ongoing fiscal year (Q1 FY25). The Gurugram-based company has reported around an 18.1% increase in revenue with a 44.6% growth in profits. Zomato’s revenue from operations grew to Rs 4,206 crore in Q1 FY25 as compared to Rs 3,562 crore in Q4 FY24, its consolidated financial results sourced from the National Stock Exchange (NSE) show. Zomato’s food and delivery biz accounted for 46.17% of the total collection in Q1 FY25 which grew 11.7% to Rs 1,942 crore in Q1 FY25. The revenue from Hyperpure supplies (B2B) and quick commerce vertical (Blinkit) grew 27.4% and 22.5% to Rs 1,212 crore and Rs 942 crore, respectively. Income from “going-out” and other non-operating income took Zomato Group’s overall revenue to Rs 4,442 crore in Q1 FY25. Being a food tech major, the cost for delivery and related charges formed 31.6% of the overall expenditure which increased 18.8% to Rs 1,328 crore in Q1 FY25. The firm’s spending on procurement, employee benefits, advertising, and marketing pushed its overall expenditure to Rs crore 4,203 in Q1FY25 from Rs 3,636 crore in Q4FY24. A stellar growth in scale allowed Zomato to record a 44.6% spike in its profits to Rs 253 crore in Q1 FY25 from Rs 175 crore in Q4 FY24. On a unit level, the company spent Rs 0.99 to earn a rupee in Q1 FY25. With the consistent gain in its market cap, the food tech firm also rewarded its employees with an additional ESOP plan of $458 million. Zomato’s initial public offering opened at Rs 115, a 51% increase from its price band of Rs 76. The company’s current share price is Rs 237.9 (as of 03.40 PM), with a total market capitalization of over $25 billion, which led to Deepinder Goyal becoming a billionaire last month.

Delhivery turns profitable with Rs 52 Cr PAT in Q1 FY25

EntrackrEntrackr · 11m ago
Delhivery turns profitable with Rs 52 Cr PAT in Q1 FY25
Medial

Logistics company Delhivery is turning around the table by registering notable profits during the quarter ending June 2025, with a scale crossing Rs 2,100 crore in the same period (Q1 FY25). Delhivery’s operating revenue grew 4.6% to Rs 2,172 crore in Q1 FY25 from Rs 2,076 crore in Q4 FY24, according to the company’s unaudited consolidated quarterly report filed with the National Stock Exchange. Logistics services including (warehousing, last mile logistics, designing and deploying logistics management systems) were the primary sources of revenue for Delhivery. The Gurugram-based company added another Rs 110 crore from financial sources tallying the overall income to Rs 2,282 crore in Q1 FY25 from Rs 2,195 crore in Q4 FY24. For the logistics firm Delhivery, the cost of freight and handling formed 71% of its overall expenditure. To the tune of scale, this cost grew 4% to Rs 1,579 crore in Q1 FY25 from Rs 1,519 crore in Q4 FY24. The firm spending on employee benefits, advertising, finance, legal, and other expenditures took the overall expenditure to Rs 2,223 crore in Q1 FY25 compared to Rs 2257 crore in Q4 FY24. The continued growth in scale and reduction in total cost enabled Delhivery to turn black with Rs 52 crore in profits in Q1 FY24 as compared to Rs 68 crore loss in Q4 FY24. On a unit level, the firm spent Rs 1.02 to earn a rupee in Q1 FY25. Delhivery has also granted 1,66,122 employee stock options under its existing ESOP Plan 2012, tallying its total ESOP pool to 1.73 million, according to a different disclosure filed by Delhivery through NSE. Delhivery’s share price is currently at Rs 414.4 (as of August 2) and its total market capitalization stood at Rs 30,632 crore or $3.6 billion.

Nykaa posts Rs 2,061 Cr revenue in Q4 FY25, profit soars 90%

EntrackrEntrackr · 1m ago
Nykaa posts Rs 2,061 Cr revenue in Q4 FY25, profit soars 90%
Medial

Online beauty and fashion platform Nykaa reported strong growth in Q4 FY25, with its revenue from operations rising 24% year-on-year and profits surging 90% during the quarter ending March 2025. According to its consolidated financial statements sourced from the NSE, Nykaa's revenue from operations grew to Rs 2,061 crore in Q4 FY25, compared to Rs 1,667 crore in Q4 FY24. For the full fiscal year (FY25), Nykaa’s operating revenue increased 24% to Rs 7,950 crore in FY25 from Rs 6,386 crore in FY24. The beauty segment accounted for 92% of the total revenue at Rs 1,894 crore, while the fashion segment contributed 8% of the operating income in the last quarter. For Nykaa, the cost of materials constituted 57% of its total expenditure, rising to Rs 1,153 crore in Q4 FY25. Additional spending on employee benefits, finance, marketing, technology, and other overheads brought the company’s total costs to Rs 2,031 crore during the quarter. For the full fiscal year ending March 2025, the total expenses rose to Rs 7,850 crore. Steady growth in its scale helped Nykaa achieve a 90% increase in profit to Rs 19 crore in Q4 FY25, compared to Rs 10 crore in Q4 FY24. For FY25, the firm’s profit stood at Rs 74 crore in FY25 from Rs 44 crore in FY24. At the close of today's trading session, Nykaa's stock was priced at Rs 200.8, giving the company a market capitalization of Rs 57,406 crore.

Infibeam Avenue reports 43% growth in PAT in Q1 FY25

EntrackrEntrackr · 11m ago
Infibeam Avenue reports 43% growth in PAT in Q1 FY25
Medial

Fintech firm Infibeam Avenues on Friday released its financial results for the first quarter of the ongoing fiscal year (Q1 FY25). The company witnessed a 3.6% increase in gross revenue whereas its profit spiked 43% growth during the quarter ending June 2025. Infibeam Avenues’s gross revenue grew to Rs 753 crore in Q1 FY25 from Rs 727 crore in Q4 FY24, according to the company’s unaudited consolidated quarterly report filed with the National Stock Exchange. The payment business formed 93.6% of the total revenue which stood at Rs 705 crore in Q1 FY25 while the income from providing customized e-commerce solutions brought Rs 39.3 crore to its coffers. Infibeam claims to have over 10 million merchants, with an average daily addition of more than 2,550 merchants in Q1 FY25. At the end, its other operating and financial income pushed Infibeam Avenues’ overall revenue to Rs 781 crore in Q1 FY25 from Rs 743 crore in Q4 FY24. On the cost front, the operating expenses (including payment processing cost) formed 90% of the overall expenditure. This cost remained flat at Rs 634 crore in Q1 FY25. The firm’s spending on employee benefits, legal, and other overheads took its overall cost up by 3.5% to Rs 703 crore in Q1 FY25 from Rs 679 crore in Q4 FY24. The increase in other income and consistent growth in scale helped Infibeam to register a 42.9% spike in its profits to Rs 70 crore in Q1 FY25 from Rs 49 crore in Q4 FY24. On a unit level, The Ahmedabad-based company spent Rs 0.93 to earn rupee in Q1 FY25. The company also acquired a majority stake (54%) in Rediff.com. The acquired company will become a subsidiary of Infibeam Avenue. “With this synergy, we are poised to unlock new dimensions of growth, redefining the essence of cloud and fintech engagement,” said Vishal Mehta, Chairman and MD of Infibeam Avenues. Infibeam Avenue is currently trading at Rs 32.42 (as of 03.00 PM) and its total market capitalization stood at Rs 9,019 crore or $1.1 billion.

Funding and acquisitions in Indian startup this week [12 - 17 Aug]

EntrackrEntrackr · 11m ago
Funding and acquisitions in Indian startup this week [12 - 17 Aug]
Medial

During the week, 25 Indian startups raised around $432 million in funding. These deals count 6 growth-stage deals and 16 early-stage deals while 3 early-stage startups kept their transaction details undisclosed. During the previous week, 28 early and growth-stage startups cumulatively raised $151.18 million in funding. [Growth-stage deals] Among the growth-stage deals, 6 startups raised $350 million in funding this week. Hospitality platform Oyo spearheaded its $175 million worth Series G round. Electric scooter manufacturer Ather Energy raised $71 million to join the unicorn club followed by wealth and asset management firm Neo, wealthtech startup Syfe, trade credit infrastructure platform Vayana, and payment gateway and point of sales (PoS) provider Innoviti with $48 million, $27 million, $20.5 million, and $8.5 million in funding, respectively. [Early-stage deals] Further, 16 early-stage startups secured funding worth $82.09 million during the week. Electric vehicle maker Kinetic Green led the list followed by Electric scooter manufacturer Fresh Bus, D2C home, kitchen, and personal care brand Beco, e-mobility startup Kazam, and Healthcare startup 4baseCare among others. As many as 3 startups that did not disclose the funding amount raised are; Adukale, CricHeroes, and Flam. For more information, visit TheKredible. [City and segment-wise deals] In terms of the city-wise number of funding deals, Bengaluru-based startups led with 9 deals followed by Delhi-NCR, Mumbai, Pune, Chennai, Kochi, and Ahmedabad. Segment-wise, Fintech startups are in the top spot with 7 deals. E-commerce, EV, AutomotiveTech, Healthech, Proptech, and Food & beverages startups followed this list among others. [Series-wise deals] During the week, Seed funding deals are on top with 8 deals followed by 6 Series A, 2 pre-Series A, 2 Series B, and 2 Series G deals. Pre-seed, pre-Series B, Series C, Series D, and Series E deals are next on the list. [Week-on-week funding trend] On a weekly basis, startup funding jumped 186% to $432.09 million as compared to around $151.18 million raised during the previous week. The average funding in the last eight weeks stands at around $232.42 million with 26 deals per week. [Fund launches] Two startup-focused funds launched this week. 35North Ventures has successfully raised Rs 100 crore for its second AIF, focusing on early-stage investments. Simultaneously, Prudent Equity has launched a new PMS fund targeting stable returns through a value investing approach. [Key hirings and departures] Equivalent to 5 key hirings took place this week including Amrit Singh, Henrik Aslaksen, Balaji Prasanna by Lighthouse Canton, Akanksha Srivastava Byrnes by Vahdam India, and Vinod Dasari by Zetworks. While, Freshworks’ chief product officer, Srinivasagopalan Ramamurthy left the firm. [Mergers and Acquisitions] As many as 4 merger and acquisition deals were witnessed this week. Agritech firm Jai Kisan acquired Kushal Finnovation Capital, Veefin took over Nityo Tech, OYO acquired Checkmyguest, and Radio Mirchi’s parent ENIL purchased Gaana.com. Visit TheKredible to see series-wise deals along with amount breakup, complete details of fund launches, and more insights. [In Talks] Zepto to raise $340 Mn a $5 Bn valuation [Financial results this week] Unpacking Oyo’s profitability and its financial position in FY24 True Balance’s profit zooms over 2X to Rs 138 Cr in FY24 Nykaa profits spike over 50% in Q1 FY25; invests Rs 265 Cr in Dot & Key Awfis posts Rs 257 Cr revenue in Q1 FY25, improves profits Ola Electric reports Rs 1,644 Cr revenue in Q1 FY25; losses fall 17% TBO reports Rs 418 Cr revenue and Rs 61 Cr profits in Q1 FY25 Yatra profits plunges 27% in Q1 FY25; revenue continues to fall EaseMyTrip posts Rs 152 Cr revenue and Rs 34 Cr profit in Q1 FY25 MapMyIndia posts Rs 35.8 Cr profits in Q1 FY25 [News flash this week] PhonePe and G-Pay dominate UPI volume in July; Navi sees 2X spike Ecom Express, ArisInfra, and Smartworks next to launch IPO, files DRHP To cut costs, Byju’s shuts half of tuition centers: Report Unicommerce and FirstCry’s IPOs list at 118% and 40% premium Shadowfax and OfBusiness are planning to launch an IPO soon RBI clamps down on P2P lending irregularities Paytm fined Rs 47.12 lakh for stamp duty non-payment [Conclusion] The weekly funding spiked 186% to $432.09 million this week. Meanwhile, two startup-focused funds launched this week namely Prudent Equity and 35 North. Edtech giant BYJU’S is undergoing significant cost-cutting measures as it faces financial challenges. The company is reportedly shutting down nearly half of its 250 tuition centers across India. This decision comes amidst delayed salary payments for employees and a broader financial crunch. After a muted listing of Ola Electric last week, Unicommerce and FirstCry listed with 118% and 40% premium this week. Meanwhile, Ecom Express, ArisInfra, and Smartworks have filed the DRHP with SEBI and are next to launch an IPO. Following the trend, Shadowfax and OfBusiness are also planning for public listing soon. Additionally, the Reserve Bank of India (RBI) has tightened regulations for Non-Banking Financial company peer-to-peer (NBFC-P2P) lending platforms to curb violations and enhance transparency. The new guidelines prohibit practices such as promoting P2P lending as an investment product, cross-selling insurance, and certain fund transfer mechanisms. Paytm has been issued a fine of Rs 47.12 lakh by the Office of Collector of Stamps, New Delhi, for non-payment of stamp duty on the allotment of equity shares in previous years. The fintech giant has stated that while there were delays in submitting some applications, all relevant documents were filed on time.

Nykaa allots 90.5K shares under ESOP scheme

EntrackrEntrackr · 4m ago
Nykaa allots 90.5K shares under ESOP scheme
Medial

Nykaa allots 90.5K shares under ESOP scheme Beauty and personal care marketplace Nykaa has allotted 90,500 equity shares under the company's Employee Stock Option (ESOP) Scheme. The allotted ESOPs amount to a total of Rs 1.49 crore, based on the company’s opening price of Rs 165 per share on the NSE on Monday. "The allotted equity shares shall rank pari-passu with the existing equity shares of the company in all respects," Nykaa stated in a regulatory filing. In November 2023, the company allotted 1.80 lakh equity shares under its Employee Stock Option Scheme. Before that, it allotted 3.08 lakh equity shares under ESOP in October 2024, bringing the cumulative allotment for the December quarter to about 4.8 lakh shares. Nykaa's Q3 FY25 revenue from operations grew to Rs 2,267 crore, up from Rs 1,789 crore in Q3 FY24. The beauty segment contributed 90.9% of total revenue at Rs 2,060 crore, while the fashion segment accounted for 8.8% of operating income. Steady business growth helped Nykaa post a 51.7% increase in profit, reaching Rs 26.4 crore in Q3 FY25, compared to Rs 17.4 crore in Q3 FY24. Nykaa acquired a majority stake in Earth Rhythm after initially investing as a minority stakeholder in 2022. This was achieved through a mix of primary and secondary transactions. Additionally, Nykaa raised its stake in its subsidiary Dot & Key to 90% with an investment of Rs 265.3 crore.

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