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Nykaa slides as CEO Nihir Parikh resigns As on : 06-Dec-24  10:42

Nihir Parikh has been relieved from the services with effect from the close of business hours on 5 December 2024.

Nykaa (FSN E-Commerce) is one of India's leading lifestyle-focused consumer technology platforms. Since its launch, Nykaa has expanded its product categories by introducing online platforms Nykaa Fashion, Nykaa Man, and Superstore. Delivering a comprehensive omnichannel e-commerce experience, Nykaa offers over 6,000 brands through its website and mobile applications.

The company's consolidated net profit jumped 66.28% to Rs 12.97 crore on a 24.4% increase in revenue from operations to Rs 1,874.74 crore in Q2 FY25 over Q2 FY24.

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