Nykaa Posts Record Quarter: Profit Jumps 156% as Growth Momentum Strengthens

FSN E-Commerce Ventures Ltd, the parent company of Nykaa, reported a stellar performance for Q3 FY2026, delivering its highest-ever quarterly Gross Merchandise Value (GMV) and strong profitability growth. The company’s consolidated GMV rose 28% year-on-year to ₹5,795 crore, while revenue from operations grew 27% YoY to ₹2,873 crore. EBITDA surged 63% YoY to ₹230 crore, with margins expanding to 8.0% from 6.2% in the same quarter last year—reflecting improving operating efficiency. Net profit (PAT) jumped an impressive 156% YoY to ₹68 crore, underlining Nykaa’s transition toward sustainable and profitable growth. The Beauty segment remained the primary growth engine, with GMV increasing 27% YoY to ₹4,302 crore, supported by strong customer acquisition and premium brand launches. The company’s cumulative customer base crossed 52 million, showcasing rising consumer engagement across online and offline channels. Nykaa also continued to expand its retail footprint, reaching 276 beauty stores across 94 cities. Its quick-commerce initiative “Nykaa Now” is scaling rapidly, offering 30–120 minute delivery across major metros. Fashion vertical showed recovery as well, with GMV rising 31% YoY to ₹1,476 crore and operating losses narrowing significantly. In-house brands such as Dot & Key and Kay Beauty delivered robust momentum, strengthening Nykaa’s long-term positioning as a multi-platform lifestyle company. Founder and CEO Falguni Nayar highlighted that the quarter marked a key milestone, driven by disciplined execution, strategic partnerships, and deeper consumer connect. With improving margins, expanding categories, and strong brand partnerships, Nykaa appears well placed to sustain its growth trajectory in India’s fast-growing beauty and fashion market. Disclaimer: This article is for informational purposes only and should not be considered investment advice. 👉 Follow for more market updates and financial insights.