FinSiddhi – Page 12593 – FinSiddhi

Nykaa Q1 Results: Net profit spikes 243% YoY to Rs 80 crore; revenue jumps 29%

Nykaa’s quarterly profit saw a significant increase, more than tripling year-on-year. Strong growth in the beauty business and fashion sales acceleration drove this profit rise. The company’s revenue from operations also increased by over twenty-nine percent. Analysts expect continued strength across both beauty and fashion segments. Improved conversion and customer acquisition fueled the fashion business’s…

Sebi aims to relax offshore fund investor-disclosure rules as appeals grow: Report

India’s market regulator is set to simplify disclosure requirements for offshore funds to entice more long-term foreign investment. The proposed adjustments include extending the disclosure timelines for fresh investors and increasing the thresholds for reporting specific investor information. These initiatives emerged in response to legal challenges and complaints from investors, seeking to create a more…