Indian beauty retailer Nykaa 's quarterly profit more than trebled on Friday, boosted by steady demand for makeup and skincare products as well as new tie-ups with global brands.

The company, formally known as FSN E-Commerce Ventures, posted a profit of 344.4 million rupees ($3.9 million) for the quarter ended September 30, up from 100.4 million rupees a year ago.

The quarterly results show Nykaa is sharpening its focus on profitability by doubling down on its core beauty business. That has meant scaling up strategic partnerships — including the global rollout of Katrina Kaif's Kay Beauty, and Rihanna 's Fenty Beauty - and expanding its offline presence, enabling it to become a full-stack beauty and lifestyle platform.

The additions have helped Nykaa cater to India's $28-billion b

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