Startup

Nykaa Q2 profit more than triples, operating revenue grows 28%

Source: ET Startups ·

Nykaa Q2 profit more than triples, operating revenue grows 28%

The platform’s gross merchandise value (GMV) grew 30% YoY to Rs 6,151 crore in the September quarter. The beauty and personal care business reported a 25% expansion to Rs 4,454 crore and the fashion segment recorded a 42% increase to Rs 1,674 crore.

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