Nykaa Q2 grows over three-fold to Rs 101 crore

New Delhi, Nov 4 (PTI) Fashion and beauty-focused e-commerce firm FSN E-Commerce Ventures, which operates under the Nykaa brand, has reported an over three-fold rise in consolidated net profit to about Rs 101 crore in the second quarter ended September 30, 2026, the company said in a filing on Wednesday.

    Nykaa had posted net profit of around Rs 33 crore in the same period a year ago.

    The consolidated revenue from operations of Nykaa grew by about 28 per cent to Rs 3,006 crore during the reported quarter from Rs 2,345.98 crore in the September 2025 quarter.

    Speaking on this quarter’s results, Falguni Nayar, Executive Chairperson, Founder and CEO of Nykaa, said,“Our performance this quarter reflects the strength of the Nykaa ecosystem, with each of our businesses contributing to growth and productivity gains. We continued to improve operational efficiency, particularly across marketing and overheads..

    "Beauty and Fashion are seeing accelerated growth, while House of Nykaa and Wellness offer significant runway for long-term growth. We remain focused on building differentiated businesses that serve our consumers and deliver sustainable growth over the long term,” Nayar said.

    Beauty saw strong momentum on the back of accelerated customer acquisition and premiumization of existing customers, the company said in a statement.

    Nykaa’s Beauty vertical GMV (gross merchandise value) for Q2 FY2027 stood at Rs 4,454 crore. Consolidated GMV grew 30 per cent YoY to Rs 6,151 crore, it said.

    "House of Nykaa continues to outperform supported by strong innovation, and Nykaa is excited about welcoming SimplyNam, a specialized, premium, professional grade colour cosmetics brand founded by celebrity makeup artist Namrata Soni to the portfolio," the company said.

(This story has not been edited by THE WEEK and is auto-generated from PTI)