Fashion - Magadha Times

ProcMart’s Rapid Growth in B2B Procurement Marketplace

15Sep

By magadhatimesNo Comments

Business, Fashion

ProcMart’s Rapid Growth in B2B Procurement Marketplace

ProcMart, a leading B2B procurement marketplace, has experienced a remarkable surge in growth over the past two fiscal years, with its gross merchandise value (GMV) increasing fivefold in FY23 and FY24 when compared to FY22. In FY24, the company achieved a 3X GMV growth, but its profit plummeted by 56.5%. Key Highlights: Gross Revenue: ProcMart's gross revenue skyrocketed by over 200% to Rs 621.5 crore in FY24, up from Rs 206.07 crore in FY23. Profitability: Despite strong growth, the company's profit nosedived by 56.5% to Rs 73 lakh in FY24, down from Rs 1.68 crore in FY23. EBITDA Margin: ProcMart's EBITDA margin was at 1.33% in FY24, indicating thin margins. ROCE: The company's return on capital employed (ROCE) was at 5.45% in FY24. Fundraising: ProcMart has raised ov...

4Jul

By Arnav ChandravanshiNo Comments

Fashion, Finance

How Does Nykaa Make Money?

One of India's top companies in the beauty and wellness scene is Nykaa. This innovative company offers a wide selection of products and brings fresh strategy to the table. Start-up in 2012, Falguni Nayar's creation went from a simple online beauty shop to an all-around beauty and lifestyle go-to. This piece delves into how Nykaa profits, breaking down its many sources of income and key plans that lead to winning. Nykaa's E-commerce Platform Nykaa makes most of its money from its strong online store. It sells a lot of beauty, health, and fashion items. The website and mobile app are easy to use. They serve millions of customers. Nykaa has a big selection of items from home and abroad. This attracts all types of customers. Nykaa uses data analysis to see what customers...

Exciting Ways to Make Your Eid Celebration Unforgettable

29Mar

By Arnav ChandravanshiNo Comments

Fashion, Lifestyle

Exciting Ways to Make Your Eid Celebration Unforgettable

Eid is a special celebration for Muslims worldwide that comes after Ramadan, a month of fasting and prayer. During Eid, Muslims get together with family and friends to pray, share meals, and give each other gifts. Eid al-Fitr, also known as "the Festival of Breaking the Fast," is a time to thank Allah for the blessings received during Ramadan and to celebrate its end with prayers and feasting. It's a time of spreading happiness and love among Muslims everywhere. Eid is all about bringing families and communities closer together and reminding us of the values of kindness, generosity, and unity among people. It's a chance to celebrate Islamic teachings that encourage gratitude, generosity, and unity. Eid is not just about religious activities; it's also a time to enjoy and share happi...

Valentine’s Day outfit ideas for Men in 2024

30Jan

By Arnav ChandravanshiNo Comments

Fashion

Valentine’s Day outfit ideas for Men in 2024

Valentine's Day is about creating memories, not just snapping Insta-worthy pics. How about an outfit that compliments your plans rather than just looking good? Ditch the fancy shoes and rock some comfy sneakers for a picnic in the park. Are you planning a fancy dinner? Embrace a classic blazer with a twist, like a velvet collar or a playful pocket square. Are you hitting the dance floor? Let your clothes move with you – think loose-fitting fabrics and breathable prints. Your outfit should be the soundtrack to your Valentine's Day story, setting the mood for adventure, romance, or whatever kind of love-filled Day you have planned. Make it yours, make it memorable, and most importantly, make it love-worthy. Why dress up for Valentine’s Day? Dressing up for Valentine's Day can allow me...

Dress with Flair: Unveiling the Charm of Ethnic Wear!

4Jan

By Arnav ChandravanshiNo Comments

Lifestyle, Fashion

Dress with Flair: Unveiling the Charm of Ethnic Wear!

Step into a world where fashion meets tradition – that's the essence of Ethnic Wear. It's more than clothing; it's a celebration of cultural identity, a canvas of colors, and a statement of timeless elegance. Join us on a journey of style and heritage! What is Ethnic wear Ethnic wear is like a colorful wardrobe that tells stories of different cultures. It includes traditional outfits that people wear during special occasions. Imagine beautiful sarees, comfy salwar suits, and twirly lehengas – they're all part of ethnic wear. These outfits are not just clothes; they're like a cultural treasure, reflecting the unique styles and traditions of specific communities. So, when you see someone wearing a saree or a salwar suit, you're witnessing a piece of their cultural identity, beautifull...