Shares of FSN E-Commerce Ventures Ltd, the parent company of Nykaa, saw a slight uptick of 1.24% on November 12, trading at ₹185.11 on the NSE as of 10:52 am. This positive movement comes as investors await the release of Nykaa’s Q2 FY25 financial results, with expectations of significant growth in both revenue and profit.
Analysts project a revenue increase of 27.06% year-on-year, amounting to approximately ₹1,914.86 crore, driven by continued growth in Nykaa’s beauty and personal care segment. This also represents a sequential growth of 9.66% from the previous quarter. Nykaa’s profit after tax is expected to surge to ₹26.4 crore for Q2 FY25, marking a 355.17% increase from ₹5.8 crore in the same quarter last year and a 175% rise quarter-on-quarter.
Nykaa is among the high-profile companies scheduled to announce Q2 results today, drawing attention alongside key players such as Hyundai Motor India, Zydus, and General Insurance. Hyundai Motor India will reveal its half-yearly financial performance, marking its debut financial disclosure since entering the Indian market.
Investors are closely watching Nykaa’s earnings release, anticipating strong financial performance as the e-commerce platform continues to expand in the beauty and personal care market, and builds on positive consumer trends in the post-COVID retail landscape.
