Latest News | Nykaa Shares Down Nearly 8 Pc on Weak Q3 Result
Get latest articles and stories on Latest News at LatestLY. Shares of FSN E-commerce Ventures, which operates under the Nykaa brand, on Thursday slumped nearly 8 per cent, a day after reporting about 57 per cent decline in its consolidated profit after tax in the December 2021 quarter.
New Delhi, Feb 10 (PTI) Shares of FSN E-commerce Ventures, which operates under the Nykaa brand, on Thursday slumped nearly 8 per cent, a day after reporting about 57 per cent decline in its consolidated profit after tax in the December 2021 quarter.
On BSE, the shares dropped 7.45 per cent to close at Rs 1,711.95 apiece. During the day, it touched a low of Rs 1,696.
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Likewise, the scrip tanked 7.48 per cent to close the counter at Rs 1,711.5 apiece. Intra-day, it was trading Rs 1,695.
On Wednesday, the firm reported about a 57 per cent decline in consolidated profit after tax (PAT) to Rs 29 crore in the third quarter ended December 31, 2021.
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The company had registered a PAT of Rs 68.9 crore in the year-ago period.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)