Premium
FSN E-Commerce Ventures Ltd, the parent company of Nykaa, could not charm investors with its December quarter (Q3FY23) results. Gross margin at 43.4% missed analysts estimates and was lower by roughly 300 basis points (bps) year-on-year (y-o-y) and 200bps sequentially. One basis point is one-hundredth of a percentage point. Unsurprisingly, the ......
This is a Premium article. Please subscribe or log in to read the full story!
Here's a selection of our recent premium content.
Already a member? Click here to log in.
