Nykaa reported a 106 per cent year-on-year (YoY) surge in net profit at Rs 17.50 crore on 22 per cent YoY rise in sales at Rs 1,788.80 crore for the December quarter.
The Q3 business update released by the company says that the industry level consumption in fashion remained muted. But Nykaa’s fashion vertical saw strong growth
Cartrade Tech vs PB Fintech vs Nykaa: With shares of the three new age firms erasing considerable investor wealth since their debut, the outlook of these stocks looks uncertain.