Widely read:
Key highlights from Nykaa Q2 results:
- The company's revenue and gross profit increased on both Y-o-Y and sequential basis but EBITDA and profit decreased due to an increase in marketing expenses.
- The company's GMV (gross merchandise value) increased by 63 per cent with the beauty and personal care segment increasing by 38 per cent and the fashion segment increasing by 27 per cent.
- Average monthly unique visitors increased by 62 per cent in the beauty and personal care segment, and by a massive 328 per cent in the fashion segment.
- Annual unique transacting customers also increased in both segments; by 40 per cent in the beauty and personal care segment, and by 417 per cent in the fashion segment.
- The company has acquired a 51 per cent stake in Dot & Key, a premium skincare brand. It has also entered the nutraceuticals market under the brand 'IKWI'.
- Nykaa has launched 'Superstore by Nykaa', an electronic B2B platform mainly catering to underserved retailers and helping them improve their offerings.
Disclaimer: This content is for information only and should not be considered investment advice or a recommendation.
For grievances: [email protected]
Ask Value Research 
New episodes every Friday 
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
