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The Economic Times
The Economic Times
Veer Sharma

Nykaa shares rally 4%, hit 52-week high after Q4. Here's what Goldman Sachs, Morgan Stanley are saying

Nykaa Falguni Nayar e-commerce

Shares of FSN E-Commerce Ventures, Nykaa’s parent company, rallied 4.3% to their 52-week high of Rs 285.65 on the BSE on Friday after it reported a consolidated net profit of Rs 78 crore for the March quarter of FY26, marking a 286% jump from Rs 20 crore in the same period last year. The profit after tax is attributable to the parent company's equity shareholders.

Revenue from operations during the quarter rose 28% year-on-year (YoY) to Rs 2,648 crore, compared with Rs 2,062 crore in Q4FY25. On a sequential basis, PAT increased 24% from Rs 63 crore in the December quarter, although revenue declined 7% quarter-on-quarter from Rs 2,873 crore reported in Q3FY26.

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