Nykaa’s quarterly profit rises 4x; Paytm’s losses widen
Despite the substantial jump in fourth-quarter profit, Nykaa’s earnings missed analysts’ estimates. Meanwhile, Paytm has warned that the “full financial impact” of RBI’s curbs would be clear in the June quarter.
22 May, 2024•3 min
0
22 May, 2024•3 min
0

More in Business
Business
Debt, dividends, divestment: how solid is Sitharaman’s budget math?
Fiscal discipline holds on paper, but the number is propped up by higher borrowing and revenue sources that are far from stable.
You may also like
Internet
PhonePe’s transition from payments to a financial services company is incomplete
The company’s IPO plans come amid weak numbers, slow growth of new platforms, challenges in its core payments business and a rather dull stock market.
Business
Q3 earnings lay bare $5 billion migraine for four of India’s top banks
While the earnings have been encouraging, the real challenge lies in addressing the slowing deposit growth and leadership uncertainty.
Business
Ten business developments for 2026
Who’s going to lead the IPO party, what’s going to drive the market, where are some of the leading businesses headed, and more.








