The shares of the respective parent companies of Nykaa and Mamaearth saw a sharp surge on Friday, after the two beauty and skincare companies posted strong surge in profitability and leading to bullish calls from international brokerages, with analysts highlighting which stock investors should consider buying now.
Nykaa-parent FSN E-Commerce Ventures on Thursday 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. Its revenue from operations meanwhile rose 28% year-on-year (YoY) to Rs 2,648 crore, compared with Rs 2,062 crore in Q4 FY25.
