Nykaa Q2 profit zooms 333% YoY to ₹5.2 cr; revenue climbs 39%
On a sequential basis, Nykaa’s profit grew by 3.6%, while revenue rose 7%; stock jumped 25% in two sessions on earnings optimism
On a sequential basis, Nykaa’s profit grew by 3.6%, while revenue rose 7%; stock jumped 25% in two sessions on earnings optimism
This would be the first bonus issue by Nykaa after the share of beauty and fashion e-retailer made its debut on the domestic bourses on November 10, 2021.
After a blockbuster listing last year, shares of Nykaa currently trade 47% lower than its all-time high of ₹2,574 touched on November 26, 2021.