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New Delhi: Young Indians Spend Millions During Valentine s Week

Increased spending reflects rising income levels and changing cultural trends in India

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Strong growth in consolidated GMV at 29 per cent YoY: Nykaa s 31 December 2023 quarter result

Strong growth in consolidated GMV at 29 per cent YoY: Nykaa s 31 December 2023 quarter result
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Nykaa Q3 FY24 net profit rises 105% to Rs 17 4 Cr led by strong festive season demand

Nykaa Q3 FY24 net profit rises 105% to Rs 17 4 Cr led by strong festive season demand
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Stock Market Highlights: Nifty and Sensex rise; Indian market overcomes slow start, boosted by tech giants

Stock Market Highlights: Nifty and Sensex rise; Indian market overcomes slow start, boosted by tech giants
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Nykaa: Nykaa net profit doubles in Q3, operating revenue up 22% to Rs 1,789 crore

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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