{
FSN E-Commerce Ventures Pvt Ltd (Nykaa)

Companies

}

Geojit Financial Services Recommends Buy on Nykaa with Target Price of Rs 198

Geojit Financial Services has reiterated a BUY rating for FSN E-Commerce Ventures (Nykaa), setting a target price of Rs. 198. In Q2FY25, Nykaa reported a 24.4% YoY revenue growth to Rs. 1,875cr, driven by strong performance in the Beauty and Personal Care segment, which grew 33.2% YoY. Despite a decline in fashion segment orders, overall EBITDA improved by 28.6% YoY, with profit after tax rising 44.7% YoY to Rs. 13cr.
Moneycontrol
Indian Rupee FSN E-Commerce Ventures Pvt Ltd (Nykaa) IND Show more
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07:11 05.12.2024
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