In Q2, the new-age company is expected to report a double-digit year-on-year (YoY) growth in revenue for the September quarter, driven primarily by the beauty and personal care and fashion segments, which are seen growing 21-31%.
Nykaa: Revenue from operations increased 22% to Rs 1,507 crore in the July-September period, compared with Rs 1,231 crore in the same period of last year. The healthy revenue growth was despite the festive season witnessing a delay this year, moving into October versus commencing in September last year.
FSN E-commerce Ventures Q2FY24 results: During the July-September quarter, the company's consolidated net profit jumped over 50 per cent year-on-year to Rs 7.8 crore.