Spotlighting consumers' favourite brands to set new benchmarks in the world of beauty, India's most preferred and trusted destination for beauty and lifestyle, Nykaa, announced the launch of Nykaa Best in Beauty Awards. This one-of-its-kind .
In the beauty and personal care (BPC) category, which makes up 88% of Nykaas topline, the gross merchandise value (GMV) grew at 25% year-on-year to Rs 2,370 crore, while the net sales value (NSV) grew at a slower 20% clip to Rs 1,380 crore. NSV is the value of items sold after discounts.
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Get latest articles and stories on Business at LatestLY. New Delhi [India], February 3: Spotlighting consumers' favourite brands with an aim to set new benchmarks in the world of beauty, India's most preferred and trusted destination for beauty and lifestyle, Nykaa, today announced the launch of NYKAA BEST IN BEAUTY AWARDS. This one-of-its-kind Digital Beauty Awards, will recognise excellence, celebrate consumer trust, encourage innovation and honour the best of global & homegrown brands within the beauty ecosystem. Having entrusted consumers with the power of choice through education and immersive content over the years, these awards will further embolden them to become the champions of their favourite brands. Business News | Nykaa Unveils Best in Beauty Awards to Recognise Innovation and Excellence in the Indian Beauty Market.