Discounting in BPC category increases as Nykaa’s quarterly net profit surges by 44% to ₹7.8 crore.
Nykaa, an e-commerce beauty retailer, has reported impressive financial results for the second quarter. The company witnessed a 6% sequential growth and a 22% year-on-year growth in its revenue from operations. Additionally, Nykaa’s profit margin for the quarter increased by 10 basis points compared to the previous year. During this period, Nykaa opened 13 new…