Business & Markets: India — Today

3X — That's the factor by which Nykaa's net profit surged in Q1, with the beauty giant's fashion division turning EBITDA positive for the first time.

Money Moves

• Nykaa's Stellar Quarter — Net profit jumped 3X YoY to ₹79.8 Cr, operating revenue rose 29% to ₹2,782 Cr, and EBITDA margin expanded to 8.5%.
• Deepak Nitrite's Profit Surge — Net profit climbed to ₹345 Cr, up three-fold on robust revenue growth of 36.4%, sending shares up 5%.
• **Whirlpool's...