Nykaa Q2 results: Profit up 50.3% at Rs 7.80 cr, revenue rises by 22.4% despite delayed festive season

FSN E-Commerce Ventures, the operator of online beauty and fashion retailer Nykaa, on Monday posted a profit of Rs 7.80 crore during the fiscal second quarter, up 50.3 per cent in comparison to Rs 5.19 crore during the corresponding quarter of last year. It posted revenue from operations at Rs 1507.02 crore, up 22.4 per cent as against Rs 1230.83 crore during the second quarter of FY23. This, the company said, was despite the festive season witnessing a delay this year, moving into October versus commencing in September last year.