India’s Nykaa Posts Near-50% Rise In Q4 Pre-Tax Profit On Higher Margins
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[ad_1] New Delhi: India’s FSN E-Commerce Ventures Ltd, parent of cosmetics-to-fashion retailer Nykaa, reported an almost 50% rise in fourth-quarter profit before tax on Wednesday, helped by a sales campaign that convinced customers to buy despite inflationary pressures. Nykaa’s consolidated net profit before tax, attributable to equity shareholders, rose to 86.29 million rupees ($1.06 million) from … Read more