Nykaa saw significant block deals involving BNP Paribas. BNP Paribas Financial Markets sold shares worth Rs 502 crore. The company’s Q4 results revealed a substantial profit increase. Net profit surged 193% year-on-year to Rs 20 crore. Revenue also climbed 24% to Rs 2,062 crore. However, sequential profit and revenue experienced slight declines.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets