Nykaa
Issuing
Bonus Share

www.financevala.in

www.financevala.in

The Board of Nykaa Will Discuss About Issuing Bonus Shares

A little black dress (LBD) is a black evening or cocktail dress, cut simply and often quite short.

The board of the cosmetics and fashion company Nykaa will meet on Wednesday (October 3) to discuss and authorise the issuance of bonus shares to its current shareholders.

Bonus shares are extra shares granted to the company's current stockholders at no further expense.

Based on how many shares a shareholder has, these shares are allocated.

In comparison to the same quarter last year, Nykaa's net profit increased by 43% to Rs 5 crore during the April–June quarter.

Consolidated operating revenue during the period increased by 41% to Rs 1,148.42 crore.

During the quarter, the company's gross merchandise value increased 47% year over year to Rs 2,155 crore.

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