Will Nykaa's shares shine brightly on exchanges after a four-fold jump in its Q4 profit?
Nykaa posted a nearly four-fold jump in its consolidated net profit (PAT) at Rs 9 crore for the January-March 2024 quarter. The company registered a net profit of Rs 2.27 crore in the January-March period a year ago, according to a regulatory filing.
![Will Nykaa's shares shine brightly on exchanges after a four-fold jump in its Q4 profit?](https://cdn.zeebiz.com/sites/default/files/2024/05/22/295060-nykaa-reuters.jpg?im=FitAndFill=(1200,900))
Nykaa's consolidated revenue from operations jumped by about 28 per cent to Rs 1,668 crore in the quarter under review from Rs 1,302 crore in the March 2023 quarter. Photo: Reuters