Nykaa Q2 Results: Net profit soars 145% to Rs 33 crore, revenue up 25%

Nykaa Q2 Results: Net profit soars 145% to Rs 33 crore, revenue up 25%

Nykaa on November 7 reported a net profit of Rs 32.98 crore for the second quarter (Q2) of the financial year 2025-26 (FY26). This marks a whopping 145 percent year-on-year (YoY) rise from the Rs 13.44 crore net profit reported in the corresponding quarter of the previous financial year.

The company had reported a profit of Rs 24.47 crore in the previous quarter.

Nykaa’s revenue from operations meanwhile surged 25 percent on-year to Rs 2,346 crore in Q2 FY26, from Rs 1,875 crore in Q2 FY25, supported by robust growth in its beauty segment and a revival in fashion. It had posted a revenue of Rs 2,155 crore in the June quarter.

The Mumbai-based firm’s total expenses came in at Rs 2,298 crore, up almost 24 percent YoY from Rs 1,859 crore in the year ago period. Nykaa’s total expenses were Rs 2,121 crore in the previous quarter.

“Our performance this quarter reflects accelerated growth momentum across Nykaa, with each of our businesses contributing meaningfully to this trajectory,” said Falguni Nayar, Executive Chairperson, Founder and CEO, Nykaa. “The Beauty business continues to deliver consistently, achieving over 25 percent gross merchandise value (GMV) growth for several consecutive quarters.”

According to Nayar, the company’s House of Nykaa portfolio recorded a 54 percent YoY GMV growth, driven by sustained momentum in its owned beauty brands. The Fashion business delivered 37 percent YoY GMV growth, complemented by the introduction of globally trending brands this year such as GAP, Guess, and H&M.

“Even our customer acquisition has accelerated, now with 49 million cumulative customer base across beauty & fashion. Strategically, this has been a pivotal quarter, one where our long-term growth pillars have translated into near-term acceleration, underscoring the strength and scalability of the Nykaa ecosystem,” Nayar added.

On November 7, FSN E-Commerce Ventures’ shares on BSE closed 0.22 percent higher at Rs 246 apiece.