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VERIFIEDET Markets·positive
Nykaa Q1 Results: Net profit spikes 243% YoY to Rs 80 crore; revenue jumps 29%
AI Summary
- ·Nykaa's net profit surged 243% year-on-year to Rs 80 crore in Q1.
- ·Revenue from operations increased by over 29% year-on-year.
- ·Growth in the beauty business and fashion sales acceleration contributed to the profit rise.