Nykaa shares jump over 6% to hit 1-year high after Q3 results

Nykaa parent FSN E-Commerce Ventures saw its shares surge over 6% on Friday to reach a one-year high of ₹274.45. This follows reports of the company's consolidated net profit jumping 157% year-on-year to ₹68 crore in the December quarter. The firm reportedly recorded its highest-ever quarterly consolidated gross merchandise value of ₹5,795 crore.