Nykaa on August 12 reported a net profit of Rs 23.32 crore for the first quarter of the financial year 2026. This marks a whopping 142 percent on-year rise from the Rs 9.64 crore net profit reported in the corresponding quarter of the previous financial year.
The firm’s revenue from operations meanwhile surged 23 percent on-year to Rs 2,155 crore in Q1 FY26, from Rs 1,746 crore in Q1 FY25. Beauty segment’s revenue grew 24 percent on-year to Rs 1,975 crore, while that of fashion segment rose nearly 15 percent on-year to Rs 171 crore.
The company's earnings before interest, taxes, depreciation and amortisation (EBITDA) grew 46 percent YoY to Rs 141 crore in Q1 FY26, with EBITDA margin expanding to 6.5 percent vs 5.5 percent in Q1 FY25.
Nykaa reported a 26 percent YoY rise in gross merchandise value (GMV) to Rs 4,182 crore, while EBITDA grew 46 percent YoY during the quarter under review. EBITDA margin expanded to 6.5 percent in Q1 FY26, from 5.5 percent in Q1 FY25.
"This quarter’s performance underscores Nykaa’s ability to consistently balance growth and profitability across both our beauty and fashion businesses. Our GMV for the quarter grew 26 percent year-on-year to Rs 4,182 crore, supported by accelerated premiumization and deeper market penetration," said Falguni Nayar, Executive Chairperson, Founder and CEO of Nykaa.
"Since our IPO, we have consistently delivered mid-20s growth at a consolidated level. Our cumulative customer base now stands at 45 million, reflecting the growing trust and adoption of our platform. The House of Nykaa Beauty business also continues to scale rapidly, driven by successful new launches and strong consumer demand, now contributing 18 percent of our overall beauty GMV*—a clear testament to our brand-building strength," she added.
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On August 12, FSN E-Commerce Ventures’ shares on BSE closed 0.66 percent higher at Rs 204.95 apiece.
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