Nykaa’s profit surges 344% YoY, revenue jumps 39% in Q2

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Nykaa’s operating revenue rose 39% to Rs 1,230 crore in Q2. It turned in a profit of Rs 5.5 crore, a 344% increase on year but nearly flat compared to the sequential April-June quarter.

The quarterly profit increase was driven mainly by strong consumer demand in the run up to the festive season, and efficiencies gained in marketing and fulfilment expenses.

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