India's Nykaa posts Q2 profit jump on firm demand for beauty products
Indian retailer Nykaa reported a 72% rise in its second-quarter profit on Tuesday as its mainstay beauty products segment continued to drive growth ahead of the festive season.
Nykaa Q2 profit surges 72% amid 40% jump in marketing and sales costs
Nykaa’s beauty segment registered a 29% increase in GMV, largely propelled by strong premium fragrance sales. This growth was further supported by Nykaa’s Hot Pink Sale, which drew in 23 million unique visitors.
Nykaa Q2 net profit jumps 72% to Rs 10 crore on strong revenue growth, but misses Street estimate
Nykaa’s beauty vertical reported a 29 percent growth in GMV in Q2, bolstered by premium fragrance sale. Its fashion vertical saw a GMV increase of 10 percent.
Nykaa Q2 FY25 results: Profit jumps 66% to Rs 13 crore; revenue up 24%
During the quarter under review, profit came at Rs 13 crore as against Rs 7.8 crore in the year-ago period. The online fashion retailer's revenue from operations in Q2 FY25 rose 24 per cent to Rs 1,874.
Nykaa Q2 Results: Net profit jumps 71.6% YoY to ₹10.04 crore
FSN E-Commerce Ventures, the operator of the Nykaa brand, announced on Tuesday a consolidated net profit (attributable to equity shareholders of parent) of ₹10.04 crore for the quarter that concluded on September 30,
Q2 results today: Hyundai and Nykaa among over 500 firms to post earnings
South-Korean automaker’s Indian subsidiary, Hyundai Motor India, will be releasing its first financial results in the country since making its debut on the Indian market on October 22. Today, the company will share its earnings report for the first half of FY25.
Nykaa Appoints Abhijeet Dabas as Executive VP and Business Head of Fashion eCommerce
An IIM Calcutta alumnus, Dabas brings a deep understanding of both strategic growth and consumer behavior, having held key ...
Nykaa CEO Falguni Nayar Discusses India's Big Opportunity for Wellness Ventures
Nykaas CEO Falguni Nayar discusses the companys plans to explore wellness opportunities in India, emphasising sustainable ...
cnbctv182h
'The best time for beauty is yet to come', says Nykaa's Falguni Nayar
Nykaa Founder and CEO Falguni Nayar believes that India’s youthful demographics, rising discretionary spending, and digital ...
inc421d
Nykaa Ropes In Former Cars24 Executive As Business Head For Fashion
Nykaa has roped in CARS24’s former South East Asia head Abhijeet Dabas as executive vice president and business head for its ...
Nykaa share price jumps over 5% after strong Q2 results. Should you buy, sell or hold the stock?
Nykaa’s gross merchandise value (GMV) during the quarter ended September 2024 increased 24% YoY growth at ₹3,652 crore. The ...
YES Bank, Jio, Zomato, Paytm, Nykaa, Adani Green among 45 stocks to be added in F&O segment
National Stock Exchange (NSE) has announced the addition of as many as 45 new stocks in the futures and options (F&O) segment ...
Nykaa stock jumps 5% on robust Q2 earnings; Nuvama remains bullish but cuts target
Nykaa sees a diversified channel mix for its beauty-owned brands as it drives down on omnichannel presence and alternative ...
AFAQS2d
Nykaa increases ad spends by 40% in Q2FY25
Nykaa reported a consolidated net profit of Rs. 10.04 crore reflecting a 71.6% increase from Rs. 5.85 crore in the same ...
Nykaa advances 6% on healthy Q2 results; brokerages remain divided
Nykaa reports Q2 results with 72 per cent increase in consolidated net profit for the second quarter at Rs 10 crore as ...
Nykaa’s faster deliveries won’t strain profits, says CEO Anchit Nayar after Q2 results
Beauty e-retailer Nykaa is pushing for faster order deliveries while sidestepping heavy capital outlays that could strain its ...