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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 Results: Profit nearly doubles to Rs 16 crore; revenue up 22% YoY

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.

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Indian beauty products retailer Nykaa nearly doubles Q3 profit on festive demand

India s FSN E-Commerce Ventures, parent of online beauty products seller Nykaa, reported a nearly two-fold jump in quarterly profit on Tuesday on festive demand and said that its board approved.

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Nykaa Q3 results: Profit jumps 106% YoY to Rs 17 50 crore; GMV up 29%

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.

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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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