FSN E-Commerce Ventures, the owner of the Nykaa brand, has reported a multifold jump in consolidated net profit to Rs 78.75 crore for the March quarter, mainly driven by sales in the beauty segment and narrowing of losses in the fashion vertical, according to a company filing.
The company had posted a net profit of Rs 19.05 crore a year ago.
The beauty segment of Nykaa registered a 52 per cent increase in profit (before exceptional items and tax) of Rs 157 crore, while losses of the fashion segment narrowed to Rs 8.26 crore from Rs 36.44 crore on a year-over-year basis.
1 May 2026
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The revenue from operations of Nykaa increased by about 28 per cent to Rs 2,648.17 crore during the reported quarter from Rs 2,061.76 crore in the March 2025 quarter.
For the year ended March 31, 2026, Nykaa's net profit surged multifold to Rs 203.94 crore from Rs 72.07 crore in fiscal year (FY) 2025.
"Crossing the USD 1 billion revenue milestone, along with a track record for profitability and capital efficiency, marks a defining moment in Nykaa’s 14-year journey.
"Over the past three years, Nykaa has evolved into a multi-engine growth platform, with our Beauty and Fashion businesses doubling their GMV, while our newer businesses like Superstore and House of Nykaa have grown 4x during the same period," Nykaa Executive Chairperson, founder and CEO Falguni Nayar said.
The company's annual revenue from operations grew 26 per cent to Rs 10,022.35 crore during the reported fiscal year from Rs 7,949.82 crore in FY25.
The beauty segment surged 26 per cent in revenue from operations to Rs 9,139.49 crore in FY26 from Rs 7,251.17 crore in FY25.
Nykaa said that its consolidated gross merchandise value grew 28 per cent to Rs 19,963 crore. The company said that Nykaa’s Beauty vertical's GMV (gross merchandise value) climbed 27 per cent to Rs 14,954 crore.
