Nykaa Q4 results: Profit jumps 193% to Rs 20 crore, revenue rises 24%

FSN E-Commerce Ventures Ltd, which owns the beauty and fashion platform Nykaa, reported a significant rise in its consolidated net profit for the fourth quarter ended March 31. The profit jumped 193 per cent to Rs 20 crore, compared to Rs 7 crore in the same quarter last year.

The company’s consolidated revenue reached Rs 2,062 crore during the quarter, reflecting a 24 per cent increase from Rs 1,668 crore in the corresponding period of the previous financial year.