FSN E-Commerce Ventures Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

Nykaa (FSN E-Commerce Ventures) has announced a board meeting on August 12, 2025, where it approved the financial results for the quarter ended June 30, 2025. The company reported consolidated revenue from operations of ₹2,154.94 Cr and a net profit after tax of ₹24.47 Cr. Strategically, Nykaa acquired an additional stake in Earth Rhythm for ₹5.00 Cr, increasing its holding to 75.83%. The board also approved acquiring the remaining 40% stake in Nudge Wellness for ₹0.15 Cr, aiming for 100% ownership. Additionally, subsidiary mergers/demergers were approved by NCLT, streamlining operations.