Nykaa Q3 profit falls 68%; revenue up 33%
In the beauty and personal care segment, Nykaa saw GMV growing 26% YoY to ₹1,901.4 crore. Orders in this category grew 26%.
In the beauty and personal care segment, Nykaa saw GMV growing 26% YoY to ₹1,901.4 crore. Orders in this category grew 26%.
Net profit of Nykaa parent, FSN E-Commerce Ventures, plunged 58% year-on-year to ₹29 crore in the third quarter.
Its dazzling debut in the stock market has taken corporate India by storm. Will beauty and fashion unicorn Nykaa be able to sustain its fairy tale success story?