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VERIFIEDMint Companies·positive
Nykaa says quick delivery isn’t hurting margins as Q1 profit jumps 226%
AI Summary
- ·FSN E-Commerce's Q1 net profit increased by 226% to ₹80 crore.
- ·Quick-commerce margins were sustained by higher order frequency.
- ·The company's fashion arm achieved Ebitda-positive status.