Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Nykaa parent FSN E-commerce nearly triples Q4 profit on robust beauty business
FSN E-Commerce (Nykaa) Q4 results - FSN E-Commerce Ventures, the parent company of Nykaa, reported strong financial results for Q4 FY25. The company's net profit nearly tripled to ₹20 crore, and its EBITDA jumped by 43%. This robust growth was primarily driven by its beauty vertical, which continued to lead its overall performance with a Gross Merchandise Value (GMV) of ₹11,775 crore for FY25, marking a 30% year-on-year increase. The company's focus on premium offerings and aggressive offline expansion also contributed to its profitability.