Nykaa Q2 Results: Net profit surges 243% YoY to ₹34.43 crore

Nykaa Q2 Results: Nykaa's parent company, FSN E-Commerce, on Friday, 7 November 2025, announced its July-September quarter results for the financial year 2025-26. The company recorded a 243% surge in its second-quarter consolidated net profits to ₹34.43 crore, compared year-on-year (YoY) with ₹10.04 crore in the same period a year ago.

Nykaa's consolidated revenue from its core operations also witnessed a 25% jump to ₹2,345.98 crore in the July-September quarter of the financial year 2025-26, compared to ₹1,874.74 crore in the same period a year ago, according to the company's consolidated financial statements.

The net profit increased by 48% on a sequential basis, rising from ₹23 crore in Q1FY26, while the topline saw a 9% quarter-on-quarter growth, reaching ₹2,155 crore.

In an exchange filing, the company reported that its consolidated GMV reached ₹4,744 crore, showing a 30% increase year-over-year, while revenue from operations rose by 25% year-over-year to ₹2,346 crore, driven by significant growth in the Beauty segment and a recovery in Fashion.

EBITDA saw a 53% year-over-year increase, with the EBITDA margin rising to 6.8% in Q2 FY2026 from 5.5% in Q2 FY2025.

"This quarter saw accelerated brand launches, particularly across Luxury and Korean Beauty, alongside the addition of 19 new stores, further strengthening our omnichannel presence. Through Nykaa Now, our rapid delivery model, we are able to deliver unparalleled convenience to consumers without compromising on assortment.

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," said Falguni Nayar, Executive Chairperson, Founder and CEO Nykaa.

Business segments

Beauty business

In its latest filing, the company reported that Nykaa's Beauty segment performed exceptionally well in Q2 FY2026, with gross merchandise value (GMV) increasing by 28% year-on-year to ₹3,551 crore, bolstered by ongoing growth in e-commerce, physical retail, and proprietary brands under the House of Nykaa.

House of Nykaa (Beauty & Fashion)

According to the company's filing, the Beauty and Fashion segment has achieved an annualized GMV run rate of approximately ₹2,900 crore, reflecting a strong 54% year-on-year increase. During Q2 FY2026, the platform recorded a GMV exceeding ₹720 crore, serving more than 16 million customers to date across a collection of 12 in-house beauty and fashion brands, solidifying Nykaa's dominance in India’s fast-growing beauty and fashion sectors.

Beauty eB2B: Superstore by Nykaa

The company stated in its filing that it reached an annualized GMV run rate of over ₹1,100 crore in Q2 FY2026, a 25% year-on-year rise, largely attributable to an expanded brand offering, premiumization strategies, and deeper market penetration into Tier 2 and Tier 3 regions.

Nykaa share price today

Nykaa share price today closed 0.22% higher at ₹246 apiece on the BSE, the stock touched an intraday high of ₹247.70 per share and an intraday low of ₹241.95 per share.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.