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NYKAA BEAUTY BUSINESS
Nykaa Q2 profit more than triples, operating revenue grows 28%The platform’s gross merchandise value (GMV) grew 30% YoY to Rs 6,151 crore in the September quarter. The beauty and personal care business...- Lenskart, Nykaa, PhysicsWallah see Q2 profits surgeNew-age companies Nykaa, Lenskart, and PhysicsWallah reported strong numbers for the September quarter. This and more in today’s ETtech Top...
- Nykaa Q2 Results: PAT soars 207% YoY to Rs 101 crore, revenue up 28%; co to acquire 82% stake in Simply NamNykaa reported a 207% year-on-year profit surge to Rs 101 crore in Q2FY27, with revenue rising 28% to Rs 3,006 crore. Beauty and fashion bu...
- Nykaa acquires celebrity makeup artist Namrata Soni's beauty brand Simply NamNykaa said it is acquiring 82% stake in Simply Nam for a cash consideration of Rs 33 crore. The 2022-founded brand clocked Rs 17 crore in t...
- New-age beauty brands enjoy revenue glow-upNew-age beauty and personal care brands in India demonstrated impressive revenue growth in fiscal year 2026. Companies like Foxtale and Inn...
- Mumbai, Marketplace, Moscow: Three 'M's for Russian exports to IndiaRussian exporters are increasingly tapping into the Indian market, utilizing platforms like the permanent pavilion in Navi Mumbai. Addition...
- L'Oreal bets on quick commerce, local products to accelerate India growthL'Oreal is seeing substantial growth in its Indian market, supported by enhanced team capabilities and localization strategies. The company...
- Innovist revenue nearly tripled to Rs 686 crore in FY26 ahead of L’Oreal dealL’Oreal announced in June that it would acquire a majority stake in Innovist, the parent of brands such as Bare Anatomy, Chemist at Play an...
- Want an early signal on the economy and stocks this festive season? Watch 19 stocks, and what their managements say in the next 20 daysThere is a set of companies that sees the shape of the economy before economists do. They know when a household decides to spend or hold ba...
- ElevenLabs CEO on AI slowdown; Prosus dials up fintech betsHappy Wednesday! ElevenLabs CEO Mati Staniszewski weighs in on the AI slowdown debate. This and more in today’s ETtech Morning Dispatch.
- Mamaearth, Nykaa expect strong growth momentum in Q2 FY27Honasa Consumer, the parent company of Mamaearth, expects consolidated NSV growth in the early thirties year-on-year (YoY) during the quart...
- Consumer demand revives, but D-Mart shares plunge amid e-commerce fearsConsumer demand gained momentum for companies like Marico and Godrej Consumer Products in the second quarter. Retailers including D-Mart an...
- Nykaa shares rise 4% as Q2 FY27 update points to strong growth across beauty, fashionNykaa parent FSN E-Commerce Ventures shares rose after the company indicated strong Q2 FY27 growth momentum across Beauty and Fashion. Cons...
- Nykaa expects net revenue growth in late twenties in Q2Nykaa said fashion was a faster-growing vertical, with NSV expected to grow in the late forties and net revenue in the early forties. Nykaa...
- New indicator for New India: 25 stocks whose numbers can reveal what is in store for the economy and the stock marketFor decades, there was a familiar way to understand the Indian consumer. Economists waited for GDP, industrial production, inflation, credi...
- IRDAI's commission reset impact; ETSA winner Progcap’s next betHappy Friday! IRDAI's overhaul plan could significantly impact the new-age insurance distribution industry. This and more in today’s ETtech...
- Nykaa, L’Oréal's venture fund tie up to invest in Indian beauty brandsNykaa and L’Oréal’s corporate venture fund BOLD will jointly invest in Indian beauty and personal care brands, according to an exchange fil...
- Rs 80,000 crore digital ad pie: Karan Taurani spots a hidden profit lever in new-age stocksIndia’s new-age internet companies may be sitting on a profit engine that investors are still not fully pricing in: advertising.
- Flipkart, Amazon look beyond ecommerce as user share slipsAmazon and Flipkart are expanding into quick commerce, microdramas, OTT videos and food delivery as they lose active users to 10-minute del...
- Behind Sugar Cosmetics down round: valuation to crash 80% in A91 bailoutSugar Cosmetics is raising fresh capital from existing investor A91 Partners at a valuation more than 80% below its peak. The funding comes...
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