Nykaa shares in focus after Q2 profit skyrockets 243% YoY; Nuvama ups target price
Shares of FSN E-Commerce Ventures, the parent company of beauty and fashion retailer Nykaa, are expected to be in the spotlight on Monday, November 10, after the company posted a significant 243% year-on-year (YoY) jump in consolidated net profit for the second quarter.
The company reported a profit after tax (PAT) of Rs 34 crore in Q2FY26, compared to Rs 10 crore in the same quarter last year. The PAT is attributable to equity shareholders of the parent.
