Nykaa Q3 results: Net profit almost doubles to Rs 16 crore
A company statement said that the EBITDA (earnings before interest, taxes, depreciation, and amortisation) margin expanded to 5.5 per cent for the quarter, marking an annual growth of 26 per cent, driven by direct and indirect cost efficiencies.
Nykaa is an e-commerce platform offering fashion and lifestyle products from over 6,200 brands through its digital platforms and across 174 retail stores. Image Courtesy: Reuters.