MUMBAI: Nykaa’s web earnings greater than doubled to Rs 67.7 crore on a consolidated foundation within the Dec quarter from Rs 26.4 crore within the year-ago quarter. Income from operations elevated to Rs 2,873.2 crore from Rs 2,276.2 crore within the yr in the past interval on the again of sturdy client demand for magnificence merchandise and development in trend. In a submitting to the exchanges on Thursday, the corporate stated that it posted its increased ever consolidated GMV (gross merchandise worth) so far in Q3 at Rs 5,975 crore, a 28% year-on-year development. GMV is the entire worth of products bought by way of an e-commerce platform. It’s calculated earlier than the deduction of charges and bills.
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