Nykaa Shares Fall 5.4% As Q3 Profit Declines

Shares of India's FSN E-Commerce Ventures Ltd, the parent of cosmetics-to-fashion retailer Nykaa, fell as much as 5.4% today.

Nykaa Shares Fall 5.4% As Q3 Profit Declines

FSN E-Commerce Ventures reported a 70.7% fall in Q3 consolidated net profit. (File)

Bengaluru:

Shares of India's FSN E-Commerce Ventures Ltd, the parent of cosmetics-to-fashion retailer Nykaa, fell as much as 5.4% today after the company reported a 70.7% fall in third-quarter consolidated net profit due to higher costs.

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