Nykaa reports USD 3.81M profit in Q2 FY26
This performance has reflected in an 8% surge in Nykaa’s share price shortly after the results announcement.
INDIA – Nykaa has reported a strong financial performance in Q2 FY26, registering a consolidated net profit of approximately Rs 34.4 crore (USD 3.81 million).
This marks a significant increase of about 145% to 244% year-over-year, depending on specific reporting metrics used, and a 30-47% quarter-over-quarter rise compared to Q1 FY26.
The company’s revenue grew robustly by 25% year-on-year to Rs 2,346 crore (USD 267 million), up from Rs 1,874 crore (USD 207.3 million) in the same quarter last year, while quarter-over-quarter revenue increased approximately 9-10% from Rs 2,154 crore (USD 238.2 million) in Q1 FY26.
Key highlights from this quarter include a 30% year-over-year jump in gross merchandise value (GMV) to Rs 4,744 crore(USD 522.4 million) and a 53% year-over-year increase in EBITDA to Rs 159 crore, with margins improving by 130 basis points to 6.8%.
Profit before tax soared 160.5% to Rs 55.38 crore(USD 6.12 million).
Operational efficiency was a major contributor to these results, with fixed costs such as employee costs reduced and advertising expenditures trimmed by 10% year-over-year while enhancing social media campaign returns.
The fashion segment’s EBITDA loss narrowed due to better vendor management and inventory optimization.
Nykaa’s CEO, Falguni Nayar, emphasized accelerated growth momentum across categories and strong consumer demand despite economic challenges.
The company continues to leverage digital innovation, AI personalization, and sustainable beauty initiatives, bolstering its leadership in India’s beauty and fashion e-commerce sector.
This performance has notably boosted investor sentiment, reflected in an 8% surge in Nykaa’s share price shortly after the results announcement, underscoring market confidence in Nykaa’s strategic direction and operational resilience.
Meanwhile, Nykaa has secured the exclusive launch of the global skincare giant La Roche-Posay in India, marking a significant milestone in the country’s premium skincare market.
This partnership between Nykaa and L’Oréal enables Nykaa to distribute La Roche-Posay’s dermatologist-recommended skincare products both online at Nykaa.com and at select Nykaa physical stores nationwide.
The partnership builds on a successful two-year collaboration that previously launched CeraVe in India, strengthening Nykaa’s role as a key player in elevating dermatological skincare in the Indian market.
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