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Nykaa Profit Falls 96%, Stock Price Down
15 Nov 2021, 11:23 AM IST 
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Nykaa's revenue increased 47% to Rs 890 crore in the quarter ended September 30 from the year before.
New Delhi: FSN E-Commerce Ventures Ltd., the entity that operates the Indian beauty startup Nykaa, saw its profit fall 96% as marketing costs surged in the quarter before its initial public offering. Shares dropped on Monday.
