Nykaa plans to expand to 350 stores while emphasizing its e-commerce business, which currently drives 91% of omnichannel turnover. Despite a minor dip in profits, there has been a significant improvement in EBITDA. Nykaa continues its international expansion in GCC and aims to enhance its fashion and beauty segments.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs