Beauty Brands Companies News

Nykaa Records 27% Dip In Profit During Q1, EBITDA Surges 60%

Parent Company of Nykaa, FSN E-Commerce, Reports 27 per cent Dip in Q1 Net Profit FSN E-Commerce, the parent company of renowned fashion retailer Nykaa, faced a 27 per cent decline in net profit in the first quarter of the ongoing fiscal year. The net profit dropped to Rs 3.3 crore from Rs 4.5 crore […]

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Brands Companies Fashion & Lifestyle Health & Beauty News

Nykaa’s Revenue Crosses Rs 5000 Cr And EBITDA Margin Improves To 5% Of Net Revenue

Nykaa announced its financial results for the quarter and full year ended March 31, 2023 on May 30 2023. Over the last two years, Nykaa has continued to prioritize growth, profitability and creating long-term sustainable value for shareholders, customers and the larger ecosystem. India’s BPC market today stands at USD 21 billion, having grown from […]

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Brands Fashion & Lifestyle News

Nykaa Leadership Sees Major Reji; New CTO, CFO Appointed

Nykaa on Monday announced multiple changes in its senior leadership with the appointment of Rajesh Uppalapati as the Chief Technology Officer, P. Ganesh as Nykaa’s Chief Financial Officer and Sujeet Jain as the company’s Chief Legal & Regulatory Officer. In a statement, Falguni Nayar, Founder and CEO, Nykaa said, “We are excited to welcome each […]

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Brands E-commerce & Marketplaces News

Nykaa’s Parent Company Reports 68% YoY Fall In Net Profit For Q3

Nykaa’s parent company FSN E-Commerce Ventures on Monday reported 68 per cent year-on-year (YoY) dip in its consolidated net Profit After Tax (PAT) at Rs 9.2 crore for quarter ended on 31 December 2022, compared to the same quarter previous year at Rs 29 crore, as per the company’s regulatory filing. However, the company’s revenue […]

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News People

Nykaa Names P Ganesh As Chief Financial Officer

Nykaa, which is run by its publicly traded parent company FSN E-Commerce Ventures, announced on 23 January that P Ganesh has been named as the business’s chief financial officer (CFO) with effect from 3 February 2023. He is now the CFO of TAFE Group. Prior to joining TAFE, he held executive positions in India and […]

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