Nykaa Kicks Off FY26 with Strong Q1 Results: GMV Up by 26% YoY, Profitability Continues to Improve

FSN E-Commerce Ventures Limited, known as Nykaa, announced its Q1 FY26 results with a consolidated GMV of Rs. 4,182 Cr, up 26% YoY. Revenue from operations rose 23% YoY to Rs. 2,155 Cr, and EBITDA grew 46% YoY to Rs. 141 Cr. Net Profit grew 79% YoY to Rs. 24 Cr. The beauty business showed robust growth with GMV increasing 26% YoY to Rs. 3,208 Cr. Nykaa continues to be the preferred partner for global brands looking to enter India, adding depth and breadth to its assortment of international brands. Nykaa Fashion posted a robust performance in Q1 FY26, with GMV growing 25% YoY to Rs. 964 Cr and EBITDA margin improving significantly.