Nykaa Q2 results: Net profit surges to Rs 34.4 crore; revenue jumps 25%

FSN E-Commerce, the parent company of fashion and beauty retailer Nykaa, on Friday reported a multifold rise in consolidated net profit to Rs 34.4 crore for the September quarter, up from Rs 10.04 crore in the same period last year.Revenue from operations rose 25.1% year-on-year to Rs 2,345.98 crore, compared to Rs 1,874.74 crore a year ago. The company’s gross merchandise value (GMV) grew 30% to Rs 4,744 crore during the quarter.According to PTI, Nykaa Founder and CEO Falguni Nayar said the “beauty business continues to deliver consistently, achieving over 25% GMV growth for several consecutive quarters. This quarter saw accelerated brand launches, particularly across Luxury and Korean Beauty, alongside the addition of 19 new stores, further strengthening our omnichannel presence.”“Our House of Nykaa portfolio recorded an impressive 54% YoY GMV growth, driven by sustained momentum in our owned beauty brands, which continue to resonate deeply with consumers. 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, reinforcing our differentiated curation and growing appeal in premium fashion,” she said.“Even our customer acquisition has accelerated, now with a 49 million cumulative customer base across beauty & fashion,” she added.Nykaa’s EBITDA rose 53% year-on-year to Rs 159 crore, while total expenses increased 23.5% to Rs 2,297.5 crore.The company said its quick commerce arm, Nykaa Now, has fulfilled over 2 million orders across seven cities since its August 2025 launch.Nykaa added 19 physical stores during the quarter, taking its retail network to 265 stores across 90 cities.The company also reappointed Falguni Nayar as Executive Chairperson, Managing Director and CEO for a five-year term starting February 2026. Nykaa shares closed 0.22% higher at Rs 246 apiece on the BSE on Friday.