FSN E-Commerce Ventures Ltd - 543384 - Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
Please find enclosed the intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding change in Key Managerial Personnel Q3FY23 Quarterly Result Announced for FSN E-Commerce Ventures Ltd.
Internet & Catalogue retail firm FSN E-Commerce Ventures announced Q3FY23 results: Consolidated Q3FY23: During the quarter, we continued to demonstrate strong GMV growth, efficiency in fulfilment and marketing expense. GMV grew 37% YoY to Rs 27,965 million, while revenue from operations grew 33% YoY in the quarter Gross profit grew 25% YoY to Rs 6,347 million in Q3 FY2023 EBITDA grew 13% YoY to Rs 782 million and EBITDA margin came in at 5.3% Profit before tax stood at Rs 127 million and net profit for the period was Rs 85 million Beauty and personal care (BPC): Strong performance continued with contribution margin expansion of 186 bps YoY GMV grew 26% YoY to Rs 19,014 million in Q3 FY2023 Monthly average unique visitors grew 22% YoY to 24.2 million, while annual unique transacting customers grew 27% to 9.6 million Orders grew 26% YoY to 9.5 million in the quarter, while order conversion improved to 3.8% in Q3FY23, a substantial improvement over same quarter last year GMV contribution from existing customers at 76% as on December 31, 2022 BPC contribution margin has improved by 186 bps YoY in Q3FY23 led by efficiency in fulfilment and marketing expenses Fashion: Focus on driving sustainable and profitable growth while delivering on the core proposition. GMV grew 50% YoY to Rs 7,244 million in Q3FY23 Fashion GMV contributed 25.9% to consolidated GMV this quarter Monthly average unique visitors grew 18% YoY to 19.4 million, while annual unique transacting customers grew 50% YoY to 2.4 million Orders grew 31% YoY to 1.7 million, while order conversion improved to 1.2% in Q3FY23 Fashion contribution margin has been positive in the quarter Others: Continuing investment in new growth verticals. Other GMV which includes new business initiatives grew 254% YoY to Rs 1,707 million, contributed 6.1% to consolidated GMV this quarter SuperStore by Nykaa has scaled to 92,415 transacting retailers across 650+ cities with 185 brands listed as on December 31, 2022 Q3FY23 performance, Falguni Nayar, Executive Chairperson, MD, and CEO, said: The business has delivered consistent strong GMV and revenue growth at 37% YoY and 33% YoY respectively. The performance has been especially good given the backdrop of eight fewer festive days in Q3FY23, compared to Q3FY22. Especially heartening is the rebound of Nykaa Fashion, that has delivered a GMV and revenue growth of 50% YoY and 43% YoY respectively. Fashion now contributes to 25.9% of GMV, and 14.6% at NSV level. Other business led by the SuperStore, our e-B2B initiative now contributes to 6.1% of the GMV from 2.4% in Q3FY22. Our EBITDA delivery has been strong, with scale efficiencies in fulfilment and marketing expenses. There's been a structural improvement in fulfilment expense as we move to regional warehouses. Our marketing efforts are focused on the order-conversion ratio, rather than chasing visits alone, which is reflective of the highest-ever conversions of 3.8% in BPC, and 1.2% for Fashion in Q3FY23. Our employee benefit expense has been kept in check post 1HFY23, as we have secured the talent we needed, and look towards enhanced productivity. Our accelerated investments in new beauty store roll-out this year has seen us add 14 stores in Q3 FY23, taking the total store count to 135 stores and making us the largest beauty specialist retailer in India. Result PDF FSN E-Commerce Ventures Ltd - 543384 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release / Media Release dated February 13, 2023 titled ''Results for the quarter and nine months ended December 31, 2022'' FSN E-Commerce Ventures Ltd - 543384 - Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended December 31, 2022
Pursuant to Regulation 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose the following: 1. Unaudited Standalone and Consolidated financial results for the quarter and nine months ended December 31, 2022; and 2. Limited Review Report of the Auditors on the Standalone and Consolidated financial results. The meeting of the Board of Directors commenced at 01:30 p.m. and concluded at 03:45 p.m. FSN E-Commerce Ventures Ltd - 543384 - Board Meeting Outcome for Board Meeting Held On February 13, 2023, To Consider The Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended December 31, 2022
Pursuant to Regulation 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose the following: 1. Unaudited Standalone and Consolidated financial results for the quarter and nine months ended December 31, 2022; and 2. Limited Review Report of the Auditors on the Standalone and Consolidated financial results. The meeting of the Board of Directors commenced at 01:30 p.m. and concluded at 03:45 p.m.
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Please find enclosed the schedule of Conference Call for analyst/institutional investors to discuss the Company''s Financial Results for the quarter and nine months ended December 31, 2022. FSN E-Commerce Ventures Ltd - 543384 - Details Of Key Managerial Personnel Under Regulation 30(5) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Please find enclosed the details of Key Managerial Personnel ('KMP') of our Company for the purpose of determining materiality of an event or information and for the purpose of making disclosures to Stock Exchanges. FSN E-Commerce Ventures Ltd - 543384 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Allotment of 17,58,600 Equity Shares against exercise of vested Employee Stock Options under ESOS 2017.