Nykaa's parent FSN E-Commerce Ventures reported on Wednesday that its consolidated net profit more than tripled in the second quarter of FY27, rising 206.8% year on year to Rs 101.2 crore from Rs 33 crore a year earlier, helped by stronger beauty profitability and narrower fashion losses, Inc42 and The Hindu BusinessLine reported, citing the company's filing for the quarter ended September 30, 2026.

Source: Inc42

Revenue from operations rose 28.1% to Rs 3,006 crore from Rs 2,346 crore in the same quarter last year — the first time Nykaa's quarterly revenue has crossed Rs 3,000 crore. Consolidated gross merchandise value (GMV) grew 30% to Rs 6,151 crore, while EBITDA rose 65% to Rs 263 crore, according to Inc42 and YourStory.

Source: YourStory

Rs 101.2 croreConsolidated net profit in Q2 FY27, up 206.8% year on year
Rs 3,006 croreRevenue from operations, up 28.1% year on year
Rs 6,151 croreConsolidated GMV, up 30% year on year
Rs 4,454 croreBeauty vertical GMV in the quarter

Beauty leads, fashion grows faster

The beauty vertical remained the engine, recording GMV of Rs 4,454 crore, while fashion revenue increased 42.9% year on year to Rs 287.2 crore, YourStory reported. Total expenses rose 24.8% to Rs 2,867.1 crore, growing more slowly than revenue, and profit before tax increased to Rs 148.5 crore from Rs 55.4 crore a year earlier, according to Inc42.

Source: Inc42

Alongside the results, Nykaa's board approved the acquisition of an 82% stake in Simply Nam Beauty for up to Rs 33 crore in cash, expanding its premium makeup portfolio, YourStory and other reports on the filing said. Sequentially, net profit was up 26.9% from Rs 79.8 crore in the June quarter, while operating revenue grew 8.1% from Rs 2,782 crore.

Source: YourStory