Indian beauty billionaire Falguni Nayar's Nykaa posts 207% jump in second-quarter profit
Billionaires Africa | 05.11.2026 13:54
FSN E-Commerce Ventures Ltd., the Indian beauty and fashion retailer better known as Nykaa, tripled its second-quarter profit as sales of cosmetics and clothing grew faster and its fashion business broke even, lifting the fortunes of founder and billionaire Falguni Nayar.
