Shares of FSN E-Commerce Ventures Ltd, popularly known as Nykaa, surged over 4% in early morning trade on February 6 after the company reported a robust financial performance for the December quarter. The upbeat Q3 results reflected strong revenue growth, sharp improvement in profitability, and significant margin expansion on a year-on-year basis, boosting investor sentiment.
Nykaa Q3 Results: Revenue Jumps Nearly 27% YoY
For the third quarter, Nykaa posted consolidated revenue of ₹2,873 crore, marking a growth of 26.7% compared with ₹2,267 crore in the corresponding quarter last year.
EBITDA Surges 63.2%, Margins Expand Sharply
Operating performance improved substantially during the quarter. EBITDA rose 63.2% year-on-year to ₹230 crore from ₹141 crore in Q3 of the previous financial year. EBITDA margin expanded by 180 basis points to 8.0%, compared with 6.2% a year ago, highlighting better operating leverage and improved cost efficiencies.
Net Profit Soars Over 140% YoY
Nykaa reported a sharp jump in bottom-line performance, with consolidated net profit rising 142.5% year-on-year to ₹63.3 crore, as against ₹26.1 crore in the same quarter last year.
Nykaa Share Price
Following the Q3 earnings announcement, Nykaa shares rallied strongly in early trade. The stock opened at ₹264.80 and touched an intraday high of ₹270.99, while the day’s low stood at ₹263.50. The previous closing price was ₹258.29. The stock is now trading close to its 52-week high of ₹273.22, significantly above its 52-week low of ₹154.90, reflecting renewed investor confidence.