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

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 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 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’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 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 …

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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 Q3FY24 Results: Net Profit Increases 106% To Rs 17.5 Crore

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Feb 6, 2024  · Nykaa Q3 results: Net profit doubles to Rs 16.19 cr on festive demand The firm’s total expenses for the quarter came in at Rs 1,770 crore, up from Rs 1,456 crore a year ago and Rs 1,228 crore in Q3 FY24.

business-standard.com

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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 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: Net Profit Up 106% To ₹17.5 Crore; 5 Key ... - Mint

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Feb 6, 2024  · Business News Companies Company Results Nykaa Q3 Results: Net profit up 106% to ₹17.5 crore, revenue up 22% YoY; 5 key highlights. Nykaa Q3 Results: The company’s revenue from operations ...

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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 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 …

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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, …

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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 …

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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 …

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

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. ...

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. ...

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. ...

Should you buy Nykaa shares on solid Q3 earnings?

Nykaa shares jump 6% on solid Q3 earnings. Should you buy? Jefferies, Nuvama and JM Financial have reiterated their buy views on the Nykaa shares while Kotak Institutional Equities has suggested an 'Add' rating. Meanwhile, Japanese brokerage Nomura has maintained a neutral stance on the counter. ...

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