Nykaa Q2 results: Net profit rises 67% to Rs 13 cr, revenue up 24%

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Nykaa Q2 results: Net profit rises 67% to Rs 13 cr, revenue up 24% - Business Standard

Quick Summary:

Nykaa’s acquisition of LBB, its content platform business, continued to perform well, driving overall higher revenue growth for the fashion vertical, the company said.

This increase contributed to a 22 per cent Y-o-Y rise in annual unique transacting customers and a 24 per cent Y-o-Y increase in total orders.

The business’ contribution margin improved by 862 basis points (bps) Y-o-Y, to -11.5 per cent in Q2 FY25 from -20.1 per cent in Q2 FY24.