Shares of FSN E-Commerce, Nykaa’s parent company, surged nearly 8% after reporting a multifold rise in consolidated net profit to ₹34.4 crore for the September quarter, driven by 25% revenue growth, higher GMV, and continued retail expansion across India

New Delhi: Shares of FSN E-Commerce, the parent company of Nykaa, on Monday climbed nearly 8 per cent after the fashion and beauty retailer reported a multifold growth in consolidated net profit to Rs 34.4 crore in the September quarter.

The company’s stock jumped 7.87 per cent to Rs 265.30 apiece on the BSE.

On the NSE, shares of Mumbai-based FSN E-Commerce increased by 7.86 per cent to Rs 265.20 per piece.

The 30-share BSE Sensex jumped 482.65 points, or 0.58 per cent, to trade at 83,698.93, while the NSE Nifty advanced by 139.60 po

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