Nykaa Shares Surge 2.1% After Q3 Profit Climbs 61% YoY

Shares of FSN E-Commerce Ventures (Nykaa) rose 2.1% on February 11 after the company reported a 61% year-on-year increase in net profit for Q3 FY25, reaching ₹26.1 crore. Revenue grew by 27% to ₹2,267 crore, driven by strong performance in its beauty and fashion segments, with GMV rising 25%. EBITDA margins improved to 6.2%, reflecting operational efficiency. Analysts remain optimistic, with Jefferies projecting up to 42% potential gains for the stock. Nykaa's robust growth underscores its resilience in a competitive market.

Sources: Business Today, Zee Business, Economic Times.