Nykaa's Q1 Snapshot, Klassroom Wraps Up IPO & More
India, Aug. 5 -- Nykaa's Stellar Q1
Nykaa fired on all cylinders in Q1. The quarter saw the beauty ecommerce giant clock a three-fold jump in profits, expand margins and increase its footprint. Meanwhile, its fashion business turned EBITDA positive for the first time.
Here is a snapshot of Nykaa's Q1 FY27 numbers:
Net profit zoomed 3X YoY to Rs.79.8 Cr
Operating revenue rose 29% YoY to Rs.2,782 Cr
Total expenses also grew 26% YoY to Rs.2,662 Cr
EBITDA grew 68% YoY to Rs.236 Cr, while EBITDA margin expanded to 8.5%
The Beauty Upside: Powered by stronger engagement, improving margins, higher average order values and a premium portfolio, the beauty business remained Nykaa's core engine. The vertical contributed 90% of its total revenu...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.