India's Nykaa posts slowest revenue growth since listing amid stiff competition

India's Nykaa posts slowest revenue growth since listing amid stiff competition

Photo: Nykaa

FSN E-Commerce Ventures, parent of cosmetics-to-fashion retailer Nykaa, on Monday, reported its slowest quarterly revenue growth since listing, hurt by stiff competition in its mainstay beauty and personal care (BPC) segment.