India's Nykaa posts higher quarterly profit on strong beauty demand, fashion growth
04/08/2026 11:46
India's Nykaa posts higher quarterly profit on strong beauty demand, fashion growth Aug 4 (Reuters) - India's FSN E-Commerce Ventures, which operates beauty and fashion retailer Nykaa, reported a more than three-fold rise in first-quarter profit on Tuesday, as strong growth in its beauty business and a sharp acceleration in fashion sales boosted revenue and margins.
The company's consolidated net profit rose to 800.1 million rupees ($8.39 million) in the quarter ended June 30, from 233.2 million rupees a year earlier.
($1 = 95.3775 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru; Editing by Ronojoy Mazumdar)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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