In the beauty and personal care (BPC) category, which makes up 88% of Nykaa’s topline, the gross merchandise value (GMV) grew at 25% year-on-year to Rs 2,370 crore, while the net sales value (NSV) grew at a slower 20% clip to Rs 1,380 crore. NSV is the value of items sold after discounts. Read The Rest at :
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