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E-commerce company Nayaka’s financial year 2024-25 in the third quarter (October-December) increased by 51.34% to ₹ 26.41 crore on an annual basis (YOY). The company’s consolidated net profit was ₹ 17.45 crore in the same quarter of a year ago.
Nayaka has released the results of the third quarter on 10 February today. Consolidated revenue has increased by 26.78% on an annual basis from the company’s operation.
Revenue ₹ 2,267.21 crore from operation
Revenue ₹ 2,267.21 crore from the operation in the third quarter of FY25. Revenue was ₹ 1,788.80 crore in the third quarter of FY24, a year ago.
The company’s total income increased by 26.50%
The company’s total income increased by 26.50% to ₹ 2,272.74 crore in the third quarter. Total income was ₹ 1,796.38 crore in the third quarter of FY24, the same quarter of a year ago.
Nayaka gave 17% returns in a year Nayaka’s share fell 1.69% to close at ₹ 170.52 today. In the last one year, the company’s stock has given investors a return of 17.08%. The stock has fallen 12.37% in the last 6 months. The company’s market cap is 48.52 thousand crores.
What is standalone and consolidated?
Companies’ results come in two parts- Standalone and Consolidated. Financial performance of only one unit is shown in standalone. Whereas, the entire company reports are given in the consolidated or consolidated financial report.
Falguni Nair laid the foundation of the company in 2012
Nayaka is a famous brand of makeup, beauty and fashion industry. Its founder is Falguni Nair. When its foundation was laid in 2012, the name-FSN e-commerce ventures i.e. Phalguni Sanjay Nair was an e-commerce venture.
Phalguni was in a good job, suddenly he thought of doing business and he resigned from his job. There are currently more than 4000 brands on the heroic platform.