Nykaa Second-Quarter Profit Triples on Beauty Demand

FSN E-COMMERCE VENTURES LTD posted a consolidated net profit of 1.01 billion rupees ($10.66 million) for the quarter ended September 30, nearly tripling from 344.3 million rupees a year earlier. The beauty and fashion retailer benefited from improved operating efficiency and strong demand for premium products across India. Revenue from operations rose 28.1% year-on-year to 30.06 billion rupees during the period.