The bonus shares would be issued in the ratio as the board may deem fit. The board will seek shareholders approval by way of postal ballot for the same. FSN E-Commerce Ventures operates Nykaa, which is a leading lifestyle-focused consumer technologies platforms. Since its launch, it expanded its product categories by introducing online platforms Nykaa Fashion, Nykaa Man, and Superstore. Delivering a comprehensive Omnichannel e- commerce experience, Nykaa offers over 4,000 brands and over 3.1 million product SKUs through its website and mobile applications. The companys consolidated net profit rose 33% to Rs 4.55 crore in Q1 FY23 as against net profit of Rs 3.42 crore in Q1 FY22. Revenue from operations jumped 41% year on year (YoY) to Rs 1,148.42 crore in Q1 FY23. Powered by Capital Market – Live News
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