Nykaa said it rolled out the ESOP grants for critical and top talent across the organisation levels in the December quarter, which is now reflecting in employee expenses.
The investment is expected to be completed by March 31, 2024. Nessa International would acquire equity shares of Nysaa Beauty LLC at a price of AED 1,000 per share.
ITC Ltd, Vodafone Idea Ltd, Indiabulls Housing Finance, KNR Constructions Ltd, AstraZeneca Pharma India, Wockhardt Ltd, Saksoft Ltd and Uflex are among a handful of companies that will announce their quarterly results today.
Nykaa said its Ebitda for the quarter surged 60 per cent YoY to Rs 73.50 crore, with Ebitda margin coming in at 5.2 per cent, up 116 basis points over 4 per cent in the year-ago quarter.