Nykaa’s net profits increased to Rs 7.8 crore in the September quarter on a consolidated basis from Rs 5.2 crore in the year ago period. Revenue from operations grew by 22% year-on-year to Rs 1,507 crore during the quarter. “This is despite the festive season witnessing a delay this year, moving into October versus commencing in September last year,” the company said in a statement on Monday. Share price of Nykaa ended at Rs 147.45 apiece on the BSE on Monday, up 5.10%.
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