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HomeNews in briefBeauty Firm Nykaa Sees 3-Fold Surge In September-Quarter Net Profit

Beauty Firm Nykaa Sees 3-Fold Surge In September-Quarter Net Profit

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Fashion Retailer Nykaa: Revenue rose 39% to 12.31 billion rupees.

Bengaluru:

FSN E-Commerce Ventures Ltd, parent of Indian cosmetics-to-fashion retailer Nykaa, reported a more than three-fold surge in September-quarter net profit on Tuesday, boosted by strong demand for its products ahead of the festive season.

Consolidated net profit stood at 41.08 million Indian rupees ($497,210.15) for the quarter ended Sept. 30, compared with 11.7 million rupees a year earlier.

Revenue rose 39% to 12.31 billion rupees.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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