
90.5K shares are allotted by Nykaa under the ESOP scheme
Beauty and personal care commercial center Nykaa have designated 90,500 value offers beneath the company's Employee Stock Option (ESOP) Scheme.
The designated ESOPs sum to a add up to of Rs 1.49 crore, based on the company's opening cost of Rs 165 per share on the NSE on Monday.
"The distributed value offers should rank pari-passu with the existing value offers of the company in all regards," Nykaa expressed in an administrative recording.
In November 2023, the company apportioned 1.80 lakh value offers beneath its Worker Stock Option Scheme. Sometime recently that, it distributed 3.08 lakh value offers under ESOP in October 2024, bringing the total assignment for the December quarter to almost 4.8 lakh offers.
Nykaa's Q3 FY25 income from operations developed to Rs 2,267 crore, up from Rs 1,789 crore in Q3 FY24. The beauty segment contributed 90.9% of add up to income at Rs 2,060 crore, whereas the fashion section accounted for 8.8% of working pay.
Steady business development made a difference Nykaa post a 51.7% increment in benefit, coming to Rs 26.4 crore in Q3 FY25, compared to Rs 17.4 crore in Q3 FY24.
Nykaa acquired a larger part stake in Earth Rhythm after at first contributing as a minority partner in 2022. This was accomplished through a mix of essential and secondary transactions. Moreover, Nykaa raised its stake in its subsidiary Dot & Key to 90% with a speculation of Rs 265.3 crore.