Nykaa expects BPC biz revenue growth rates for FY23 in early 30%
Nykaa expects overall FY23 revenue growth rates to be in line with the 9MFY23 performance. And hence, it expects FY23 revenue growth rates in the early 30%.
Stay updated with breaking news from Commerce Ventures. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Nykaa expects overall FY23 revenue growth rates to be in line with the 9MFY23 performance. And hence, it expects FY23 revenue growth rates in the early 30%.
Nykaa's owner, FSN E-Commerce Ventures, saw a surge of over 8 percent in its share price after bulk deals worth Rs 75.5 crore were made.
Bain & Co estimates that India's online shopping market hit $50 billion in 2022, with an online shopper base of 180-190 million, the third largest in the world after China and the US.
Based on the OI percentage, 71 stocks including Coforge, Birlasoft, L&T Technology Services, Gujarat Gas, and Balrampur Chini Mills were on the list of long build-ups
In a filing to BSE, the beauty e-retailer said its Beauty & Personal Care (BPC) categories have seen sustained strong demand in the fourth quarter of last fiscal, partly due to the ‘Pink Love’ sale introduced during the quarter.