Page 5 - Nykaa

Nykaa Q4 results: Net profit falls 71%, revenue from operations up 33%

Nykaa's Ebitda rose 84 per cent to Rs 70.6 crore during the quarter

MFs lap up beaten-down Nykaa, Zomato in April, holdings surge Rs 1,100 cr

Infosys remains the top buy for the second month in a row

ACC, Nykaa, HDFC AMC and Muthoot Fin likely to be dropped from Nifty 100

Jindal Steel and Power, Punjab National Bank, TVS Motor, Tube Investments and Zydus Lifesciences are expected to get added to the index

Nykaa slips 3%, hits new low on heavy volumes; down for 5th straight day

Average trading volumes on the counter nearly doubled with a combined around 11 million equity shares having changed hands on the NSE and BSE so far

Stocks to watch: Bajaj Auto, Nestle India, Nykaa, IndusInd Bank, Welspun

Stocks to watch today: From Bajaj Auto to Nestle India, here are top stocks to watch in Tuesday's trade

Nykaa appoints new CFO, CTO and other new leaders to drive growth

Online beauty company strengthens team after five high-profile employee exits in March

Rajesh Uppalapati as CTO, P Ganesh as CFO: Nykaa announces new appointments

TV Venkataraman will be responsible for the company's Internal Audit and Risk Management charter

Beauty major VLCC appoints Vikas Gupta as CEO with immediate effect

Prior to joining VLCC, Gupta was the CEO of SuperStore by Nykaa. Before that he was the chief customer and marketing officer for Flipkart between 2019-21

Stocks to Watch: Dmart, Tata Steel, HeroMoto, Nykaa, Equitas SFB, Godrej CP

Stocks to Watch: Hero MotoCorp is now looking to cut flab and move towards a leaner organisation. It has launched a voluntary retirement scheme for its staff to make the organisation agile

Beauty e-retailer Nykaa sees healthy revenue growth trend for FY23

Growth from tier 1 consumer have demonstrated sustained consumption

Nykaa expects BPC biz FY23 revenue growth rates 30%, Q4 performance robust

In its regulatory filing, Nykaa said that in Q4 FY23, against the backdrop of subdued industry growth, Tier 1 consumers have demonstrated sustained consumption

Digital transformation key driver of every industry, says Nykaa CEO

: Averring that digital transformation was the key driver of almost every industry, Nykaa Founder and CEO Falguni Nayar on Friday said businesses and individuals must adapt to the ever-evolving' scenario. Addressing the students at Indian School of Business (ISB) here, she said: Digital transformation is today the key driver of nearly every industry, from commerce to finance to healthcare, you name it, and businesses and individuals must adapt to this ever-evolving new world. Reimagining how business operates from the ground up, leveraging technology to create value for customers, and driving constant innovation is critical. Approach the power of technology with a growth mindset. Embrace experimentation and iteration, and don't be afraid to fail, Nayar told the students, according to a release from the ISB. ISB Board Chairperson Harish Manwani said : In this new paradigm, your focus should not only be on creating economic value but also on solving the challenges and needs of the ...

Nykaa trades lower for 8th straight day, down 11%; stock nears record low

The stock was down 2 per cent so far today and quoted close to its record low level of Rs 120.75, touched on January 23, 2023.

Five senior executives leave Nykaa; company calls it business as usual

Nykaa rivals conglomerates such as Tata and Reliance both of which have interests in the beauty products industry

Half of Myntra's beauty product orders now come from Tier-2 and 3 cities

The Walmart-owned fashion retailer is scaling up its operations to tap the BPC market, which is expected to grow $38 billion by 2028

Is the worst over for new-age tech companies? Here's what analysts say

Shares of Paytm, FSN e-Commerce Ventures (the parent firm of Nykaa), PB Fintech (parent firm of Policybazaar), and CarTrade Tech surged up to 17 per cent in a month

Chart check: Are new-age stocks witnessing a trend reversal or pullback?

The present scenario of new-age stocks reveals a pullback (rebound) in their stock prices, show technical charts

Nykaa extends fall post Dec quarter results; stock down 8% in two days

The company said gross margin declined due to change in BPC category mix, higher brand funded discount during festive season, consumer downgrades.

Stocks to watch: Adani Enterprises, ONGC, Nykaa, IRB Infra, Castrol India

Stocks to watch today: Adani Enterprises, ONGC, Coal India, Siemens, Grasim Industries, Eicher Motors, among others will report the October-December (Q3FY23) quarter results

Nykaa Dec quarter profit plunges 71% to Rs 8.48 crore; revenue rises 33%

Beauty and fashion firm FSN E-Commerce Ventures, which operates under the Nykaa brand, posted a 70.75 per cent drop in consolidated profit to Rs 8.48 crore for the third quarter ended December, mainly on account of investment in retail stores. The company had reported a net profit of Rs 29 crore in the same period a year ago. The revenue from operations, however, increased by about 33 per cent to Rs 1,462.82 crore from Rs 1,098.3 crore in the December 2021 quarter. Nykaa's Executive Chairperson, MD, and CEO Falguni Nayar said the company is focussing on improving EBITDA (operational profit) margin. "Beyond EBITDA we call it investment that we are making for the future. One of the big costs is lease and rental. We are investing and rolling out physical stores. That is being taken by us as an operational cost. We are also looking to acquire 7 million (70 lakh) new customers. All that is being funded by operational cost," Nayar said. The company scaled up its SuperStore to 92,415 ...