Nykaa profit rises 79%, misses Street
Beauty and fashion firm FSN E-commerce, which operates Nykaa, recorded a 79% jump in profit after tax (PAT) for the first quarter of the fiscal at Rs 24 crore compared to Rs 14 crore in the year-ago quarter. The profit figure was below Bloomberg estimate of Rs 33 crore.
The Pillars of Profitability
Revenue from operations came in at Rs 2, 155 crore, up 23.4% from Rs 1, 746 crore in Q1FY25, marginally missing estimate of Rs 2, 170 crore.
