FSN E-Commerce Ventures Reports Audited Financial Results and Approves Stake Acquisition in Earth Rhythm
FSN E-Commerce Ventures Limited announced on May 21, 2026, that its Board of Directors approved the Audited Consolidated and Standalone Financial Results for the quarter and financial year ended March 31, 2026. Additionally, the board greenlit the acquisition of an additional stake in Earth Rhythm Private Limited (ERPL), a subsidiary of the Company.The Board of Directors' meeting commenced at 1:15 p.m. and concluded at 3:35 p.m.
Financial Performance Highlights
The Company reported consolidated financial results for the year ended March 31, 2026, and the quarter ended March 31, 2026.According to the audited consolidated statement, the total revenue from operations for the year ended March 31, 2026, stood at 10,022.35 crore, compared to 7,949.82 crore in the previous year. Total Income for the full financial year reached 10,055.12 crore. The Net Profit After Tax for the year ended March 31, 2026, was 203.94 crore.
A summary of the consolidated financial results is presented below:
| Particulars | Quarter ended March 31, 2026 (Audited) | Quarter ended March 31, 2025 (Audited) | Year ended March 31, 2026 (Audited) | Year ended March 31, 2025 (Audited) |
|---|---|---|---|---|
| Total Income | 2,657.32 crore | 2,070.71 crore | 10,055.12 crore | 7,977.08 crore |
| Total Expenses | 2,535.80 crore | 2,031.16 crore | 9,707.49 crore | 7,849.63 crore |
| Net Profit After Tax | 78.75 crore | 19.05 crore | 203.94 crore | 73.70 crore |
| Total Comprehensive Income | 2.35 crore | 16.89 crore | 5.20 crore | 67.76 crore |
The consolidated statement of assets and liabilities as of March 31, 2026, showed total assets at 4,611.38 crore, an increase from 3,979.53 crore recorded in the previous year. Total liabilities for the year were 3,109.28 crore.
The consolidated statement of cash flows revealed that net cash flows generated from operating activities for the year ended March 31, 2026, were 644.30 crore, up from 466.63 crore in the preceding year.
Standalone Financial Results
The standalone financials of the Company reflected similar trends. Total Income for the year ended March 31, 2026, was 545.84 crore, generating a Net Profit After Tax of 87.86 crore.A summary of the standalone financial results shows:
| Particulars | Quarter ended March 31, 2026 (Audited) | Quarter ended March 31, 2025 (Audited) | Year ended March 31, 2026 (Audited) | Year ended March 31, 2025 (Audited) |
|---|---|---|---|---|
| Total Income | 163.16 crore | 125.91 crore | 545.84 crore | 577.28 crore |
| Profit Before Tax | 49.74 crore | 20.20 crore | 112.93 crore | 97.29 crore |
| Net Profit After Tax | 41.04 crore | 14.62 crore | 87.86 crore | 97.36 crore |
Acquisition of Earth Rhythm Private Limited Stake
The Board of Directors also approved the acquisition of an additional stake in Earth Rhythm Private Limited (ERPL), which is a subsidiary of the Company.Details of the proposed transaction are as follows:
| Detail | Description |
|---|---|
| Target Entity | Earth Rhythm Private Limited ("ERPL") |
| Industry | Beauty and Personal Care |
| ERPL Turnover (FY 2025-26) | Rs. 23.75 crores |
| Transaction Type | Related Party Transaction (on an arm's length basis) |
| Consideration | Not exceeding Rs. 9.4 crores (Cash) |
| Percentage of Shareholding | Not exceeding 24.2% |
| Purpose | To further strengthen the Company's product portfolio in the sustainable beauty segment. |
| Expected Completion | By August 31, 2026 |
The Board approval for the acquisition of ERPL was determined to strengthen the Company's positioning in the growing market for products committed to efficacy and sustainability.
NYKAA Stock Price Movement
Today, FSN E-Commerce Ventures Limited shares edged higher, closing at ₹274.5 after gaining 0.62% on positive market sentiment. The stock traded today on a significant volume of 5.84 million shares, underlining strong investor interest as it settled post-market.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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