{"id":6535,"date":"2022-11-01T08:41:51","date_gmt":"2022-11-01T08:41:51","guid":{"rendered":"https:\/\/dailyopedia.com\/nykaa-climbs-6-after-net-profit-jumps-363-yoy-to-rs-5-crore-in-q2fy23\/"},"modified":"2022-11-01T08:41:51","modified_gmt":"2022-11-01T08:41:51","slug":"nykaa-climbs-6-after-net-profit-jumps-363-yoy-to-rs-5-crore-in-q2fy23","status":"publish","type":"post","link":"https:\/\/dailyopedia.com\/nykaa-climbs-6-after-net-profit-jumps-363-yoy-to-rs-5-crore-in-q2fy23\/","title":{"rendered":"Nykaa climbs 6% after net profit jumps 363% YoY to Rs 5 crore in Q2FY23"},"content":{"rendered":"
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Shares of FSN e-Commerce Ventures, parent firm of Nykaa, surged 6.5 per cent to Rs 1,233 per share in Tuesday’s intra-day trade, after the company’s net profit jumped 363 per cent year-on-year (YoY) to Rs 5.1 crore in the July-September quarter (Q2FY23) from Rs 1.1 crore in the year-ago period. <\/p>\n
At 1:15 pm, shares of Nykaa<\/a> traded over 3 per cent higher at Rs 1,203 apiece, as against 0.2 per cent rise in the S&P BSE Sensex. In the past seven sessions, the stock has climbed 0.5 per cent as against 2 per cent gain in the S&P BSE Sensex. <\/p>\n The Indian cosmetic-to-fashion retailer’s total income, meanwhile, climbed 39 per cent YoY to Rs 1,237.3 crore in Q2FY23 from Rs 890.4 crore in Q2FY22. <\/p>\n Total expenses, too, grew 38 per cent YoY to Rs 1,228.5 crore in the recently concluded quarter. <\/p>\n