The company's earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at Rs 96 crore, reflecting a 31 per cent year-on-year growth
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Despite a slower growth in its physical retail business, impacted by elections and heatwaves across North India, the GMV growth is expected to align with the long-term beauty and personal care industry growth trajectory
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Other independent directors on Nykaa's board include Milind Sarwate, Anita Ramachandran, Seshashayee Sridhara, and Pradeep Prameshwaram
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