Nykaa’s profit increased by 142%Image Credit source: ai generated
Nykaa, a company that has made its own identity in the world of beauty and fashion, has performed strongly in the third quarter of the financial year 2026. The results presented by Nykaa’s parent company FSN E-Commerce Ventures are much better than market expectations. The company’s profit has more than doubled compared to last year. This news is not only a relief for shareholders, but also shows that Indian consumers are now spending liberally on beauty products online.
Stormy rise in profits and new record of earnings
The December quarter results show that the company has taken a huge leap in terms of profits. Last year, in the same quarter, the net profit of the company was Rs 26 crore, which has now increased by 142% to Rs 63 crore. This surge shows that the company’s strategies are now yielding results on the ground.
Not only the profits, but the company’s earnings have also increased significantly. Nykaa’s revenue from operations has increased by 27% to Rs 2,873 crore, which was Rs 2,267 crore a year ago. If compared with the previous quarter (July-September), there has been an increase of 84% in profit and 22% in earnings. This continuous growth reflects the strong hold of the company.
Beauty business and increasing number of customers
Nykaa’s beauty business has a big role behind her brilliant performance. This quarter has proved to be the biggest quarter in the company’s history so far. The gross merchandise value (GMV) of the beauty segment has increased by 27% to Rs 4,302 crore. Be it e-commerce, offline stores or Nykaa’s own brands, customers everywhere have made huge purchases.
Interestingly, the customer base of Nykaa has also increased very rapidly. So far, about 5 crore 20 lakh (52 million) customers have joined the ‘One Nykaa’ platform. In this, beauty segment alone has about 4 crore 20 lakh customers. This figure is 30-31% more than last year, which proves that new people are continuously trusting this platform.
Management vision and future path
Talking about this success, the company’s founder and CEO Falguni Nair has called it a record breaking quarter. He said that Nykaa, in its 13-year journey, has established itself as a multi-platform lifestyle business. Today the company is addressing a beauty and fashion market worth more than $100 billion.
Falguni Nair also clarified that the company’s focus is not only on profit, but also on efficiency and technology. An example of this is the success of brands like Dot & Key, which has become India’s largest direct-to-consumer skincare brand and has seen a growth of 111%. The management believes that this performance is the result of their long-term plans and they are ready to maintain the same momentum in the future also.