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Nykaa's Q4 net profit falls 49% to ₹8.56 crore, revenue rises to ₹973 crore
short by Hiral Goyal / on Friday, 27 May, 2022
Beauty e-commerce startup Nykaa's parent FSN E-Commerce Ventures Ltd reported that the net profit attributable to its shareholders dropped 49% year-on-year to ₹8.56 crore in the quarter ended March. While the company's revenue from operations rose 31% year-on-year to ₹973 crore, its expenses rose to about ₹979 crore from ₹725 crore a year earlier.
read more at Moneycontrol