9 months ago
Nykaa's Net Profit More Than Triples to Rs 34 Crore in Q2 FY26
Imagine Nykaa, a company that sells makeup and clothes online and in stores.
In the last three months, they made a lot more money than they did last year, almost four times as much!
Their sales also went up by a lot.
Both their makeup and fashion businesses did really well.
They also added new popular brands to their stores, like GAP and H&M, which people liked.
Nykaa has many physical stores now and millions of customers.
They even have a super-fast delivery service for some items and help other small shops sell their products.
Overall, the company is growing and making more people happy with their products.
Nykaa's net profit more than tripled to Rs 34.43 crore in Q2 FY26, up from Rs 10.04 crore in Q2 FY25.
Revenue from operations increased by 25.1% year-on-year to Rs 2,345.98 crore in Q2 FY26.
Gross Merchandise Value (GMV) grew by 30% year-on-year to Rs 4,744 crore, with beauty GMV up 28% and fashion GMV up 37%.
The company expanded its offline store presence to 265 stores across 90 cities and serves a cumulative customer base of 49 million.
Nykaa's quick commerce arm has fulfilled over two million orders, and its B2B distribution business serves over 330,000 retailers.
- Who
- FSN E-Commerce Ventures Ltd (Nykaa), led by Founder Falguni Nayyar
- What
- Reported a more than threefold increase in net profit and a 25.1% rise in revenue from operations.
- Where
- Across its e-commerce, retail stores, and business-to-business operations
- When
- Second quarter of Fiscal Year 2026 (Q2 FY26)
- Why
- Driven by strong performance in both its beauty and fashion verticals, expansion of brand assortment, robust customer acquisition, and growth in its quick commerce and distribution businesses.
Key facts
- Company
- FSN E-Commerce Ventures Ltd (Nykaa)
- Reporting Period
- Second Quarter of Fiscal Year 2026 (Q2 FY26)
- Net Profit
- Rs 34.43 crore (up from Rs 10.04 crore in Q2 FY25)
- Revenue from Operations
- Rs 2,345.98 crore (up 25.1% Y-o-Y)
- EBITDA Margin
- 6.8% (expanded from 5.5% in Q2 FY25)
- Gross Merchandise Value (GMV)
- Rs 4,744 crore (up 30% Y-o-Y)
- Total Offline Stores
- 265 stores across 90 cities
- Cumulative Customer Base
- 49 million
Quotes
Falguni Nayar
executive chairperson, founder, and chief executive officer of Nykaa
“Our performance this quarter reflects accelerated growth momentum across Nykaa, with each of our businesses contributing meaningfully to this trajectory.”
rediff.com
“The beauty business continues to deliver consistently, achieving over 25 per cent GMV growth for several consecutive quarters.”
rediff.com
Sources
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