Net profit for FSN E-Commerce Ventures Ltd. or Nykaa more than doubled in the third quarter of FY26, as per an exchange filing on Thursday.
The popular retail company registered a consolidated bottom line at Rs 63 crore, compared to Rs 26 crore in the year-ago period.
Revenue also rose 27% to Rs 2,873 crore from Rs 2,267 crore. Earnings before interest, tax depreciation and amortisation surged 63.2% at Rs 230 crore from Rs 141 crore in the corresponding period of last year.
Ebitda margin expanded 8% from 6.2%, year-on-year.
Nykaa’s beauty vertical delivered a 27% growth in Gross Merchandise Value for Q3 FY26. The GMV rose to Rs. 4,302 crore.
Recovery sped up in the fashions vertical in the quarter under review, with GMV growing 31% YoY to Rs. 1,476 crore.
Speaking on this quarter’s earnings, Falguni Nayar, Executive Chairperson, Founder and CEO Nykaa said, “Q3 FY2026 marked a record quarter for Nykaa, with our highest-ever GMV and EBITDA margin, while sustaining our long-term growth trajectory.”
She added that over a 13-year journey, Nykaa has evolved into a multi- platform lifestyle business, addressing over a $100 billion beauty and fashion opportunity, and serving over 52 million customers across One Nykaa.
“This performance reflects steady execution against our strategic priorities, as we continue to invest in assortment expansion, offline growth, and technology-led discovery, alongside a disciplined focus on efficiency. These foundations position us well for sustained, long-term growth,” Nayar further stated.
Nykaa Q3FY26 Highlights (Cons)
- Net profit at Rs 63.3 crore versus Rs 26.1 crore YoY
- Revenue up 26.7% at Rs 2,873 crore versus Rs 2,267 crore YoY
- EBITDA up 63.2% at Rs 230 crore versus Rs 141 crore YoY
- Margin at 8% versus 6.2% YoY
Share Price
Nykaa’s stock ended 4.15% higher at Rs 261.45 apiece on the NSE on Thursday. This compares to a 0.52% decline in the Nifty index.
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