Integrated Filing — IndAS



General information about company
Scrip Code 543384
NSE Symbol NYKAA
MSEI Symbol NOTLISTED
ISIN INE388Y01029
Name of company FSN E Commerce Ventures Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 12-Aug-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 01-Aug-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 12-Aug-2025   11:30:00
End date and time of board meeting 12-Aug-2025   16:00:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 21549400000
Other income 93300000
Total income 21642700000
2 Expenses
(a) Cost of materials consumed 33300000
(b) Purchases of stock-in-trade 14444500000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -2543500000
(d) Employee benefit expense 1820200000
(e) Finance costs 301600000
(f) Depreciation, depletion and amortisation expense 761400000
(f) Other Expenses
1 Marketing and advertisement expenses 2618600000 2618600000
2 Freight expenses 1392000000 1392000000
3 Web and technology expenses 389700000 389700000
4 Selling expenses 349900000 349900000
5 Outsource warehouse manpower expense 321900000 321900000
6 Beauty advisor expenses 314400000 314400000
7 Consumption of packing materials 206100000 206100000
8 Rent and maintenance expenses 114200000 114200000
9 Legal and professional fees 84700000 84700000
10 Others 596600000 596600000
Total other expenses 6388100000
Total expenses 21205600000
3 Total profit before exceptional items and tax 437100000
4 Exceptional items 0
5 Total profit before tax 437100000
6 Tax expense
7 Current tax 177300000
8 Deferred tax 15100000
9 Total tax expenses 192400000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 244700000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 244700000
17 Other comprehensive income net of taxes 1200000
18 Total Comprehensive Income for the period 245900000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 233200000
Total profit or loss, attributable to non-controlling interests 11500000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 233800000
Total comprehensive income for the period attributable to owners of parent non-controlling interests 12100000
21 Details of equity share capital
Paid-up equity share capital 2860300000
Face value of equity share capital 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.08
Diluted earnings (loss) per share from continuing operations 0.08
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.08
Diluted earnings (loss) per share from continuing and discontinued operations 0.08
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1. The above Unaudited Consolidated Financial Results of the Group for the quarter ended June 30, 2025 have been prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards ('Ind AS') as prescribed under section 133 of the Companies Act 2013, as amended, read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended. These Unaudited Consolidated Financial Results, as reviewed by the Audit Committee of the Board, were approved and taken on record by the Board of Directors at their meeting held on August 12, 2025. n n2. During the quarter ended June 30, 2025, the Group has acquired additional stake in Earth Rhythm private Limited, a subsidiary, for a consideration of Rs 5.00 crore on June 09, 2025. The group now holds 75.83% equity interest (including optionally convertible reedemable preference shares) in Earth rhythm post such investment. n n3. The Board of Directors at their meeting held on August 12, 2025, has approved acquisition of remaining 40% stake in Nudge Wellness Private Limited (“Nudge”), a subsidiary, for a consideration of Rs 0.15 crore. The Group will have a 100% equity interest in Nudge post such investment. n n4. During the quarter ended June 30, 2025, Hon'ble National Company Law Tribunal (NCLT) has approved: n n(a) Merger of lluminar Media limited (Formerly known as lluminar Media Private Limited) into Nykaa Fashion Limited (Formerly known as Nykaa Fashion Private Limited) on May 27, 2025, (subsidiaries of the Company). The order has been filed by these subsidiary companies with ROC on May 28, 2025. n n(b) Scheme of arrangement between FSN Distribution Limited (Formerly known as FSN Distribution Private Limited) (FSND) and Nykaa E-Retail Limited (Formerly known as Nykaa E-Retail Private Limited) (NER) on May 09, 2025, both wholly owned subsidiaries of the Company, to demerge e-B2B business from FSND to NER. The order has been filed by these subsidiary companies with ROC on May 13, 2025. n nThe accounting impact of the aforesaid transactions have been taken in the books of account of the respective subsidiaries during the year ended March 31, 2025. There is no impact of the aforesaid transactions on the consolidated financial results. n n5. The consolidated results for the quarter ended March 31, 2025 are balancing figures between audited result for the full financial year and the published year to date figures for the period ended December 31, 2024 which were subject to limited review by statutory auditors.



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Beauty 19753700000 19753700000
2 Fashion 1708300000 1708300000
3 Others 87400000 87400000
Total Segment Revenue 21549400000
Less: Inter segment revenue
Revenue from operations 21549400000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Beauty 962800000 962800000
2 Fashion -270100000 -270100000
3 Others -86700000 -86700000
Total Profit before tax 606000000
i. Finance cost 204900000 204900000
ii. Other Unallocable Expenditure net off Unallocable income -36000000 -36000000
Profit before tax 437100000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Beauty 34415100000 34415100000
2 Fashion 3028400000 3028400000
3 Others 735900000 735900000
Total Segment Asset 38179400000 38179400000
Un-allocable Assets 6145000000 6145000000
Net Segment Asset 44324400000 44324400000
4 Segment Liabilities
Segment Liabilities
1 Beauty 16944300000 16944300000
2 Fashion 2118000000 2118000000
3 Others 537300000 537300000
Total Segment Liabilities 19599600000 19599600000
Un-allocable Liabilities 10821500000 10821500000
Net Segment Liabilities 30421100000 30421100000
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of defined benefit plan -600000 -600000
Total Amount of items that will not be reclassified to profit and loss -600000
2 Income tax relating to items that will not be reclassified to profit or loss -100000
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences in translating the financial statements of foreign operations, net 1700000 1700000
Total Amount of items that will be reclassified to profit and loss 1700000
4 Income tax relating to items that will be reclassified to profit or loss 0
5 Total Other comprehensive income 1200000