Falguni Nayar’s reappointment as FSN E-Commerce stock rises nearly 8% following Nykaa’s record quarter.

Nykaa has recently reappointed Falguni Nayar as CEO, Managing Director, and Executive Chairperson for another term of five years, from February 12, 2026 to February 11, 2031. The company opened 19 stores of cosmetics, up to 265 stores in 90 cities in the quarter.

On Monday, FSN E-Commerce stock, which is the parent company of Nykaa, experienced an almost 8 percent increase following a lifestyle and cosmetics retailer report of multifold growth in total net revenue to Rs 34.4 crore for the Mid-year quarter. FSN E-Commerce shares increased by 7.87 percent to Rs 265.30 per share. Meanwhile, Mumbai-based FSN E-Commerce shares rises 7.86% to Rs 265.20 a share on the NSE.

In the late morning session, the NSE Nifty rises by 139.60 points, or 0.55%, to 25,631.90, while the 30-share BSE Sensex was up 482.65 points, or 0.58%, at 83,698.93. FSN E-Commerce noted that total net profit increases multifold to 34.4 crore for the first quarter of September.

In the same period last year, Nykaa posted a net profit of Rs 10.04 crore (for equity shareholders of the parent company). The company, in regulatory filings, well-known that net revenue was higher by 25.13% at Rs 2,345.98 crore in the quarter versus Rs 1,874.74 crore in the same period last year. Nykaa's total GMV (Gross Merchandise Value) stood at Rs 4,744 crore and increased by 30%.