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%.
Market capitalisation of Nykaa falls below ₹50,000 crore.
Stocks of recently listed tech companies hit record lows on Monday.
Net profit of Nykaa parent, FSN E-Commerce Ventures, plunged 58% year-on-year to ₹29 crore in the third quarter.