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Shares of FSN E-Commerce Ventures Ltd, the parent of #Nykaa, tumbled nearly 5% on Monday despite a 193% jump in net profit to ₹20 crore in the March quarter compared with the same period a year ago. While the core beauty business continues to perform strongly, concerns around https://t.co/WrqwKWst6K
Nykaa posted strong BPC performance in Q4 FY25, but regulatory risks and intense competition may slow margin expansion, with analysts seeing limited upside in its stock #Nykaa #Q4Results #Q4FY25 #Companies | @devangshudatta https://t.co/wQ2lWU1xh1
#MarketsWithBS | Nykaa share price slips 4% in trade despite posting strong Q4 numbers; Check more details here #Stocks #markets #stockmarketindia #stockmarketnews #sharemarket #marketnews #indianstockmarket #Nykaa #Q4Results #Q4FY25 https://t.co/I35X6xjMGB
FSN E-Commerce Ventures Ltd, the parent company of Nykaa, reported a 193% increase in net profit to ₹20 crore for the March quarter of fiscal year 2025, driven by strong performance in its beauty and personal care (BPC) segment. Despite this robust quarterly showing and an uptick in the fashion segment, Nykaa's shares declined by nearly 5% to 4% in recent trading sessions. HSBC downgraded Nykaa shares to a hold rating and cut the target price to ₹200 per share, citing risks to consensus expectations of a 150 basis point margin improvement due to regulatory challenges and intense competition. Brokerages remain mixed on the stock, reflecting concerns about limited upside potential despite the strong quarterly results. Meanwhile, Puravankara shares fell 10% following a widened loss in the same quarter.
