Nykaa profit jumps 42% to Rs 5 crore, revenue up 41% at Rs 1,148 crore

Beauty products retailer Nykaa on Friday posted a 42.24% year-on-year jump in its consolidated net profit at Rs 5.01 crore during the April-June quarter on the back of good topline growth and operating performance.

Consolidated revenue from operations during the period at Rs 1,148.4 crore was up 40.56% compared to same period last year. The consolidated gross merchandise value (GMV) grew 47% year-on-year to Rs 2,155.8 crore.