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.
Nykaa Q3 Results: FSN E-commerce Ventures, the parent company of Nykaa, reported a 97% YoY increase in net profit for Q3, reaching Rs 16.2 crore. Revenue from operations also rose by 22% YoY to Rs 1,789 crore. The EBITDA margin expanded to 5.5%, showing a 26% YoY growth. Nykaa s gross merchandise value (GMV) increased by 20% YoY to Rs 761 crore.
Get latest articles and stories on Latest News at LatestLY. Lifestyle e-commerce platform Nykaa on Tuesday reported a 97.55 per cent rise in its consolidated net profit to Rs 16.18 crore for the December 2023 quarter. Latest News | Nykaa Q3 Net Profit Almost Doubles to Rs 16 Cr.
Nykaa Q3 net profit almost doubles to Rs 16 crore financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Britannia Industries Ltd.'s third quarter profit declined on account of a one-time gain in the base quarter but met analysts' estimates.
The consolidated net profit of the Marie Gold biscuit-maker fell 40.4% over the previous year to Rs 555.6 crore in the October-December quarter, according to an exchange filing on Wednesday. That compares with the Rs 552.8-crore consensus estimate of analysts tracked by Bloomberg.