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Nykaa shares jump over 4%. Here’s why
In Q1 FY24, Nykaa reported an 8% year-on-year (YoY) growth in its consolidated net profit at Rs 5.4 crore. Net profit was Rs 5 crore in the year-ago period. Revenue from operations during the first quarter rose 24% to Rs 1,422 crore, as against Rs 1,148 crore in the same quarter of last year.