Nykaa profits

Omnichannel beauty retailer Nykaa’s operating revenue rose 39% to Rs 1,230 crore in the second quarter. It turned in a profit of Rs 5.5 crore, a 344% increase on year but nearly flat compared to the sequential April-June quarter. The…

Net income dipped to 12 million rupees ($161,000) in the quarter ended September from 270 million rupees the previous year, according to a statement late Sunday, as a 92% increase in expenses swamped a 47% gain in revenue. FSN E-Commerce…