Mumbai: FSN E-Commerce Ventures Ltd, the parent company of Nykaa, on Thursday announced a 226% surge in its consolidated net profit to ₹79.76 crore for the first quarter of the financial year 2026-27, compared to ₹24.47 crore in the same period last year.
Revenue Performance
The company’s consolidated revenue from operations for the quarter grew by 29% to ₹2,782 crore, up from ₹2,154.94 crore reported in the quarter ended June 30, 2025. Total income for the quarter stood at ₹2,791.31 crore.
Expense Overview
Total expenses for the quarter increased to ₹2,662.15 crore, compared to ₹2,120.56 crore in the corresponding quarter of the previous fiscal year. Employee benefits expense rose to ₹224.85 crore from ₹182.02 crore year-on-year.
Earnings Per Share
Basic earnings per share (EPS) for the quarter ended June 30, 2026, increased to ₹0.28, up from ₹0.08 in the same quarter last year.
Strategic Acquisition
In a separate development, the company’s Board approved the acquisition of a 51% equity stake in Aminu Wellness Private Limited for a consideration of up to ₹32 crore. Aminu Wellness, incorporated on June 6, 2019, specialises in the manufacture, marketing, and sale of cosmetics products in the skincare category.
Aminu Wellness Turnover
Aminu Wellness reported a turnover of ₹19.44 crore for FY 2025-26. Its turnover was ₹12.96 crore in FY 2024-25 and ₹8.40 crore in FY 2023-24. The transaction is expected to be completed by September 15, 2026.