![Nykaa Q2 profit zooms 333% YoY to ₹5.2 cr; revenue climbs 39%](https://images.assettype.com/fortuneindia%2F2022-11%2F63ed41fa-3b55-47d7-b5eb-719cb5464682%2FNykaa_copy.jpg?w=300&q=95)
Nykaa Q2 profit zooms 333% YoY to ₹5.2 cr; revenue climbs 39%
On a sequential basis, Nykaa’s profit grew by 3.6%, while revenue rose 7%; stock jumped 25% in two sessions on earnings optimism
On a sequential basis, Nykaa’s profit grew by 3.6%, while revenue rose 7%; stock jumped 25% in two sessions on earnings optimism
This would be the first bonus issue by Nykaa after the share of beauty and fashion e-retailer made its debut on the domestic bourses on November 10, 2021.
After a blockbuster listing last year, shares of Nykaa currently trade 47% lower than its all-time high of ₹2,574 touched on November 26, 2021.