Nykaa s scale makes it formidable in the BPC sector, and its fashion segment is on a superior growth trajectory, said HSBC after the BPC company reported rbost Q3 numbers
Nykaa Q3 results: Nykaa s parent company, FSN E-commerce Ltd, is expected to report strong earnings for the December quarter, driven by robust demand for beauty products during the festival and wedding season. Analysts predict double-digit revenue growth and significant profit growth for the quarter.
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.
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.