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Nykaa’s net profit nosedives 48 per cent to Rs 9 crore QoQ

New Delhi, May 22 (IANS) Online beauty and fashion marketplace Nykaa on Wednesday posted a net profit of Rs 9 crore in the January-March quarter, down 48 per cent (quarter-on-quarter) from Rs 17.45 crore in the same period last year. FSN E-Commerce Ventures, the parent company of Nykaa, clocked revenue of Rs 1,668 crore in the full fiscal year…
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