Nykaa shares drop despite strong Q4 performance

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rel=”dofollow” href=”https://economictimes.indiatimes.com/fsn-e-commerce-ventures-ltd/stocks/companyid-2017563.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Nykaa parent ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/fsn-e-commerce” target=”_blank”>FSN E-commerce saw shares decline in early trade as Indian market opened with losses on Monday. The counter opened 2% lower at Rs 199 against the previous closing of Rs 203.26 on the BSE. It was trading at Rs 201.26 as of 9:53 am.

The beauty and fashion retailer posted data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/startups/nykaa-q4-profit-doubles-to-rs-19-crore-revenue-up-24/articleshow/121515207.cms” data-type=”tilCustomLink” target=”_blank”>strong March quarter numbers last Friday, with nearly doubling to Rs 19 crore. The Mumbai-based company’s operating revenue rose 23.6% year-on-year to Rs 2,016.7 crore for the fourth quarter, up from Rs 1,667.9 crore, driven by customer acquisition, brand partnerships,…



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Nykaa shares drop despite strong Q4 performance


rel=”dofollow” href=”https://economictimes.indiatimes.com/fsn-e-commerce-ventures-ltd/stocks/companyid-2017563.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Nykaa parent ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/fsn-e-commerce” target=”_blank”>FSN E-commerce saw shares decline in early trade as Indian market opened with losses on Monday. The counter opened 2% lower at Rs 199 against the previous closing of Rs 203.26 on the BSE. It was trading at Rs 201.26 as of 9:53 am.

The beauty and fashion retailer posted data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/startups/nykaa-q4-profit-doubles-to-rs-19-crore-revenue-up-24/articleshow/121515207.cms” data-type=”tilCustomLink” target=”_blank”>strong March quarter numbers last Friday, with nearly doubling to Rs 19 crore. The Mumbai-based company’s operating revenue rose 23.6% year-on-year to Rs 2,016.7 crore for the fourth quarter, up from Rs 1,667.9 crore, driven by customer acquisition, brand partnerships,…



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