FSN E-Commerce Ventures (Nykaa) reported consolidated revenue of Rs 23.46 billion and a net profit of Rs 344.3 million for Q2 FY26. The festive season driven growth, strong beauty segment sales, and operational efficiencies contributed to robust financial performance with optimistic outlook for continued expansion.
Key Highlights
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Q2 FY26 consolidated revenue at Rs 23.46 billion, reflecting healthy growth
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Net profit stands at Rs 344.3 million, illustrating profitability amidst market challenges
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Festive demand strongly boosts beauty and personal care segments
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Fashion segment also shows improvement, supported by inventory management and brand partnerships
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EBITDA margin benefits from scale and disciplined cost control
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Company capitalizes on hybrid marketplace model combining direct sales and third-party brands
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Management confident in sustainable growth driven by customer engagement and product expansion
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Upcoming quarters expected to maintain positive momentum with ongoing marketing campaigns
Detailed Report
FSN E-Commerce Ventures Limited, popularly known as Nykaa, announced robust financial results for the quarter ended September 2025. The company posted consolidated revenue of Rs 23.46 billion and a net profit of Rs 344.3 million, emphasizing a strong operational performance boosted by festive season buying and favorable market dynamics.
The beauty and personal care segment led growth, reflecting increased consumer spending and engagement on both online and offline channels. The fashion segment showed signs of recovery aided by better brand mix and inventory turnaround.
Operational discipline and cost efficiencies enhanced earnings quality, with expansion in the company's marketplace model further driving GMV.
With a solid financial foundation and continued investments in marketing and technology, Nykaa is well-positioned for further growth, targeting incremental market share gains in India's fast-evolving e-commerce ecosystem.
Sources: Moneycontrol, Economic Times, FSN E-Commerce Ventures Limited official filing