CLOSED
FSN E-Commerce Ventures, Nykaa's parent, reported a 226% YoY increase in profit to ₹80 crore for the June quarter, driven by rising sales and improved margins. Revenue rose 29% YoY to ₹2,782 crore, led by strong demand in skincare and makeup.
Nykaa Q1 Results: Net profit surges over threefold to ₹80 crore on strong beauty demand
Impact Score
Market Sentiment
↑BullishPrimary Sectors
FSN E-Commerce Ventures, Nykaa's parent, reported a 226% YoY increase in profit to ₹80 crore for the June quarter, driven by rising sales and improved margins. Revenue rose 29% YoY to ₹2,782 crore, led by strong demand in skincare and makeup.
Key Highlights
FSN E-Commerce Ventures, Nykaa's parent, reported a 226% YoY increase in profit to ₹80 crore for the June quarter, driven by rising sales and improved margins.
Revenue rose 29% YoY to ₹2,782 crore, led by strong demand in skincare and makeup..
Source
Livemint
Published
3h ago
Impact Score
75 / 100
Category
Corporate Earnings
Positive near-term momentum expected in Corporate Earnings as market digests this development.
What this means
No linked events found.