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VERIFIEDET Markets·neutral
Nykaa shares dip 3% despite multifold jump in Q1 profit; analysts weigh in
AI Summary
- ·Nykaa's consolidated net profit more than tripled to Rs 80 crore in Q1 FY27.
- ·Revenue for the quarter increased by 29% year-on-year, reaching Rs 2,782 crore.
- ·Despite the strong financial results, Nykaa's shares experienced a 3% dip.