Nykaa shares rally 6% as net profit doubles in Q3; brokerages slash ...

Feb 7, 2024  · Nykaa shares rally 6% as net profit doubles in Q3; brokerages slash target prices. Nykaa's net profit nearly doubled in the December 2023 quarter. It clocked a consolidated net …


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Nykaa Shares Rally 6% As Net Profit Doubles In Q3; Brokerages Slash ...

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Feb 7, 2024  · Nykaa shares rally 6% as net profit doubles in Q3; brokerages slash target prices. Nykaa's net profit nearly doubled in the December 2023 quarter. It clocked a consolidated net …

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Nykaa Shares Jump 6% As Net Profit Doubles In Q3

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Feb 7, 2024  · Nykaa shares opened at INR 170.05 apiece on Wednesday, almost 6% higher as compared to INR 160.5 at previous close. However, the stock gave up the gains later and it …

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Nykaa Shares Jump 6% As Net Profit Doubles In Q3

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Feb 7, 2024  · Nykaa’s fashion vertical posted a 40% YoY increase in GMV to INR 1,012.5 Cr in Q3 FY24. The segment contributed an operating revenue of INR 152.6 Cr during the quarter, …

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Nykaa Q3 Results: Profit Doubles, Revenue Meets Estimates

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Feb 6, 2024  · Consolidated net profit of FSN E-Commerce Ventures Ltd., the parent of Nykaa, increased 123% to Rs 17.4 crore in the quarter ended December, according to its exchange …

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Nykaa Shares Soar Following Stellar Q3 Performance, Profit …

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Feb 7, 2024  · The shares of Nykaa erased all early gains and were seen trading with cuts of more than 2% at Rs 157 per share as of 1:25 pm on the National Stock Exchange (NSE). The stock …

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Nykaa Shares Jump 6% On Solid Q3 Earnings. Should You Buy?

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Feb 7, 2024  · ETtech. Shares of FSN E-commerce Ventures, which operates omnichannel beauty and fashion retailer Nykaa on Wednesday jumped 6% in the early trade and hit the day's high …

indiatimes.com

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Nykaa Shares Jump 6% As Net Profit Doubles In Q3

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Feb 7, 2024  · Beauty and fashion ecommerce major Nykaa’s shares surged 6% during the trading session on Wednesday (February 7) after the company reported that its consolidated net profit …

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Nykaa Q3 Results: Profit Nearly Doubles To Rs 16 Crore; Revenue Up …

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Feb 6, 2024  · Nykaa Q3 Results: FSN E-commerce Ventures, the parent company of Nykaa, reported a 97% YoY increase in net profit for Q3, reaching Rs 16.2 crore. Revenue from …

indiatimes.com

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Nykaa Shares Jump 6% On Q3 Profit Doubling; Brokerages Cut Target

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Feb 7, 2024  · Nykaa shares: The December 2023 quarter saw an almost twofold increase in Nykaa’s net profit. For the quarter that concluded in October and ended in December of 2023, …

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Nykaa Shares Jump 6% As Net Profit Doubles In Q3 | Medial

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Beauty and fashion ecommerce major Nykaa reported a doubling of its consolidated net profit in the third quarter of FY24, leading to a 6% surge in its shares during trading. The company's …

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Nykaa Q3 Results: Profit Jumps 106% YoY To Rs 17.50 Crore; GMV …

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Updated Feb 06, 2024, 5:39 PM IST. Nykaa Q3 results: Profit jumps 106% YoY to Rs 17.50 crore; GMV jumps 29%. FSN E-Commerce Ventures Ltd (Nykaa) on Tuesday said its net profit for …

businesstoday.in

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Nykaa Shares Rocket After Q3 As Brokerages Remain Upbeat

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Feb 7, 2024  · Nykaa‘s share price broke its five-straight session losing streak going up around 6% to hit an intraday high of ₹170. What Happened: Nykaa posted a net profit of ₹17.5 crore, …

benzinga.com

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Nykaa Q3 Results: Net Profit Up 98% To - Hindustan Times

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Nykaa Q3 Results: Signage of Nykaa at company's head office in Mumbai, India.(Bloomberg) The company's consolidated net profit rose 97% to 161.9 million rupees ($1.95 million) in the third …

hindustantimes.com

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Nykaa Shares Jump 6% As Net Profit Doubles In Q3 - Apple.news

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Beauty and fashion ecommerce major Nykaa’s shares surged 6% during the trading session on Wednesday (February 7) after the company reported that its consolidated net profit more than …

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Nykaa Shares Jump 6% After Announcing Business Update; Analyst …

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Jan 9, 2024  · Shares of Nykaa (FSN E-commerce Ventures Ltd) closed in green and gained nearly 6 percent in the opening trade on NSE on January 9, reaching a new 52-week high of …

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Nykaa Shares Rise 6% After Q1 Net Profit Soars 152% YoY; Buy

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Aug 14, 2024  · Nykaa Store (File Photo) Shares of FSN E-Commerce Ventures soared as much as 5.76 per cent at Rs 197.35 per share on the BSE in Wednesday’s intraday trade after the …

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Nykaa Shares Jump 6% On Q3 Solid Earnings. Should You Buy?

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Feb 7, 2024  · Shares of FSN E-commerce Ventures, which operates omnichannel beauty and fashion retailer Nykaa on Wednesday jumped 6% in the early trade and hit the day's high of …

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Nykaa Q2 Results: Net Profit Rises 67% To Rs 13 Cr, Revenue Up 24%

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5 days ago  · However, sequentially, profit fell four per cent from Rs 13.6 crore a quarter ago, according to regulatory filings. The company’s consolidated revenue from operations grew 24 …

business-standard.com

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India's Nykaa Posts Q2 Profit Jump On Firm Demand For Beauty …

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5 days ago  · The company, listed as FSN E-Commerce Ventures , opens new tab, said its consolidated net profit rose to 100.4 million rupees ($1.19 million) for the quarter ended Sept. …

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FAQs about Nykaa shares rally 6% as net profit doubles in Q3; brokerages slash ... Coupon?

Did Nykaa's net profit double in December 2023?

Nykaa's net profit nearly doubled in the December 2023 quarter. It clocked a consolidated net profit of Rs 16.2 crore for the quarter ended October-December 2023 period. Shares of FSN E-Commerce Ventures jumped 5.95 per cent to Rs 170.05 on Wednesday, commanding a total market capitalization close to Rs 48,000 crore. ...

What happened to Nykaa shares?

Nykaa shares opened at INR 170.05 apiece on Wednesday, almost 6% higher as compared to INR 160.5 at previous close However, the stock gave up the gains later and it was trading at INR 160.2 apiece at 12:29 PM on BSE The Falguni Nyaar-led companies consolidated net profit more than doubled to INR 17.4 Cr in the December quarter ...

Why did Nykaa share price rise 6% in early trade?

Nykaa’s gross merchandise value (GMV) grew 29% YoY to ₹3,619.4 crore in the three months to December, with all divisions contributing to the company’s growth. (Photo: Bloomberg) Nykaa share price jumped nearly 6% in early trade on Wednesday after the company reported strong Q3 results with net profit nearly doubling. ...

Why did Nykaa's shares Surge 6% during trading session?

The Falguni Nyaar-led companies consolidated net profit more than doubled to INR 17.4 Cr in the December quarter Beauty and fashion ecommerce major Nykaa’s shares surged 6% during the trading session on Wednesday (February 7) after the company reported that its consolidated net profit more than doubled in the third quarter of FY24. ...

How did Nykaa perform in q3fy23?

Nykaa had reported a net profit of Rs 8.5 crore in Q3FY23. The doubling of net profit was coupled with a 22 percent increase in revenue, which came in at Rs 1,788.8 crore, up from Rs 1,462.83 crore last year, the company said on February 6. The results are largely in line with what Nykaa had forecast last month. ...

How did FSN e-commerce ventures Ltd (Nykaa) perform in December 2023?

Shares of FSN E-Commerce Ventures Ltd ( Nykaa) surged about 6 per cent during the trading session on Wednesday after the company announced a strong set of numbers in the December 2023 quarter. However, brokerage firms are mostly mixed on the company despite decent earnings. Nykaa's net profit nearly doubled in the December 2023 quarter. ...

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