FSN E-Commerce Ventures Ltd (Nykaa) reported a stellar 154% year-on-year surge in Q2 FY26 net profit, reaching ₹33 crore, fueled by robust growth across its beauty and fashion verticals.
The company’s Gross Merchandise Value (GMV) jumped 30% YoY to ₹4,744 crore, while revenue rose 25% to ₹2,346 crore, reflecting the strength of its diversified portfolio and increasing consumer demand in premium beauty and lifestyle categories.
Nykaa’s Beauty GMV grew 28% year-on-year to ₹3,551 crore, reinforcing its leadership in India’s growing beauty and personal care market. Its Fashion segment also saw remarkable momentum with 37% YoY growth, driven by expanding brand partnerships and curated private labels.
The company now operates 265 stores across 90 cities, further strengthening its omnichannel retail presence and integrating digital convenience with physical touchpoints.
As Nykaa continues to enhance customer experience through personalization, technology, and exclusive global brand launches, its focus remains on sustainable profitability and market leadership across India’s high-growth beauty and fashion segments.
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