Nykaa share price surged to a 52-week high following strong March quarter results. Net profit jumped 286% to Rs 78 crore, with revenue up 28% year-on-year. The company achieved its highest quarterly revenue and gross margin in 12 quarters. Analysts maintain positive ratings, citing growth momentum and AI initiatives.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.