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Nykaa’s Q3 net profit falls 70% to Rs 8.5 Cr


Beauty retailer Nykaa‘s net profit for the October-December quarter fell 70% to Rs 8.5 crore, from Rs 29 crore in the year-ago period.

The Falguni Nayar-led ecommerce firm recorded revenue of Rs 1,463 crore, up 33% from the same period last year.

The company’s total expenses in the third quarter rose 36% year-on-year to Rs 1,456 crore.

(This is a developing story and will be updated with more details.)





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