New Delhi, Feb. 11 -- Nykaa: FSN E-commerce Ventures reported a 61 percent year-on-year rise in net profit to Rs.26 crore, compared to Rs.16 crore in the corresponding quarter of the previous year. Revenue grew nearly 7 percent to Rs.2,267 crore from Rs.1,788.8 crore in the same period last year. Margins also expanded by 70 basis points to 6.2 percent from 5.5 percent. Nykaa had previously indicated in its business update that net revenue growth would surpass mid-twenties levels despite ongoing weakness in online fashion demand.

Grasim Industries: Grasim Industries, the flagship entity of the Aditya Birla Group, posted a consolidated net loss of Rs.168.7 crore for Q3 FY25, reversing from a net profit of Rs.236 crore in the same quarter l...