StockWatch
·

FSN E-Commerce Ventures Ltd Q2 FY26 Results

NYKAAQ2 FY26 Results
Filing
MetricValue (₹ Cr)Q1 FY26Q2 FY25
Revenue2.3K8.9%25.1%
Total Income2.4K8.8%25.2%
Expenditure2.3K8.3%23.6%
PBT55.3826.7%160.5%
Net Profit32.9834.8%154.3%
OPM6.73%0.20pp10.57pp
NPM1.40%0.27pp0.69pp
EPS0.1250.0%200.0%
View full financials

Nykaa delivers strong Q2FY26 performance; consolidated Net revenue up 25% YoY, PAT rises 154% YoY

07 Nov 2025 · 7 Nov 2025, 04:29 pm

Summary

Nykaa, an Indian lifestyle-focused consumer technology platform, released its financial results for the quarter ended September 30, 2025. The company reported a 25% year-over-year increase in consolidated net revenue and a 154% year-over-year rise in profit after tax (PAT). The strong performance was driven by robust growth in the beauty segment and a revival in fashion, resulting in a 30% year-over-year increase in consolidated GMV to Rs. 4,744 Cr.

Key Highlights

  1. 1

    Consolidated GMV grew 30% to Rs. 4,744 Cr

  2. 2

    Revenue from Operations grew 25% YoY to Rs. 2,346 Cr in Q2 FY2026

  3. 3

    Gross Profit grew 28% YoY to Rs. 1,054 Cr in the quarter

  4. 4

    EBITDA grew 53% YoY to Rs. 159 Cr

  5. 5

    Net Profit for the period (PAT) was Rs. 33 Cr, up 154% YoY in Q2 FY2026

  6. 6

    Beauty business: GMV grew 28% YoY to Rs. 3,551 Cr

  7. 7

    House of Nykaa portfolio recorded an impressive 54% YoY GMV growth

  8. 8

    Fashion business delivered 37% YoY GMV growth

  9. 9

    Customer acquisition accelerated, now with 49 million cumulative customer base across beauty & fashion

Management Comments

F

Falguni Nayar

Our performance this quarter reflects accelerated growth momentum across Nykaa, with each of our businesses contributing meaningfully to this trajectory... The Beauty business continues to deliver consistently, achieving over 25% GMV growth for several consecutive quarters... The Fashion business delivered 37% YoY GMV growth, complemented by the introduction of globally trending brands this year such as GAP, Guess, and H&M...

Informational and educational content only. Not investment advice.