Nykaa’s faster deliveries won’t strain profits, says Anchit Nayar after Q2 results
Beauty e-retailer Nykaa is pushing for faster order deliveries while sidestepping heavy capital outlays that could strain its bottom line, ,Anchit Nayar, CEO of the company’s beauty e-commerce vertical, told analysts Tuesday after the company’s Q2 earnings results.
Despite its entry into faster deliveries, Nykaa’s investments in setting up ‘rapid warehouses’ are expected to stay lean. Nayar noted that high average order values in beauty e-commerce allow the company to expand its logistics efficiently and profitably.