Nykaa reports 49% fall in Q4 net profit at Rs 8.56 crore - Moneycontrol

FSN E-Commerce Ventures Ltd, Nykaa's parent company, has reported steep declines in profits in all three quarters since it went public, owing to its efforts to double down on marketing the brand as it emerges from the pandemic.

Indian beauty products retailer Nykaa reported a 49 percent fall in quarterly net profit on Friday, hit by soaring expenses amid dull demand for its personal care and fashion products. FSN E-Commerc… [+831 chars]

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