Nykaa Q2 FY27 Results: Revenue Rises 28% To ₹3,006 Crore And Consolidated Net Profit Jumps 207% To ₹101 Crore

FSN E-Commerce Ventures Limited, which operates Nykaa, reported consolidated revenue from operations of ₹3,006 crore in Q2 FY27. This was a growth of 28% year-on-year (YoY). Gross merchandise value (GMV) increased 30% to ₹6,151 crore during the quarter.

Consolidated profit after tax (PAT) rose 207% to ₹101 crore, while earnings before interest, tax, depreciation and amortisation (EBITDA) increased 65% to ₹263 crore. The company also reported an improvement in its EBITDA margin.

The Nykaa share price closed at ₹355.50 on 04 November, up 0.45% on the National Stock Exchange (NSE).

Nykaa Q2 Results: Performance Highlights

Nykaa's beauty vertical recorded GMV of ₹4,454 crore during the quarter. Net sales value (NSV) grew 28% YoY, while EBITDA increased 51%.

The company continued expanding its beauty portfolio by launching more than 330 brands over the past year. Its retail network reached 338 stores across 111 cities, with the addition of 14 new stores during the quarter.

Nykaa's quick-commerce offering, Nykaa Now, expanded its presence to 15 cities. The company plans to extend the service to more than 25 cities by the end of FY27. It offers beauty, personal care and wellness products through a delivery model targeting 30–60 minutes.

Its owned-brand portfolio, House of Nykaa, also continued to expand. The business recorded an annualised GMV run rate of more than ₹4,000 crore and annualised NSV exceeding ₹2,300 crore, with NSV growth of 36%. The portfolio has served more than 19 million customers.

How Did Nykaa's Fashion And B2B Businesses Perform?

Nykaa Fashion continued to grow while improving its profitability. NSV increased 47% YoY to ₹509 crore, while its EBITDA margin, measured as a percentage of NSV, improved from -3.5% in Q2 FY26 to 0.2% in Q2 FY27.

The company also launched Nykaa Fashion LUXE, a dedicated platform for international luxury brands and Indian designer labels across fashion, accessories, jewellery, watches and home categories. It added more than 250 brands during the quarter, including the exclusive launch of COS.

Superstore by Nykaa, the company's business-to-business (B2B) distribution platform, recorded GMV of ₹328 crore. Its registered retailer base increased 27% to more than 5.5 lakh. The company also introduced Meri Dukan, a personalised shopping feature designed to help retailers identify products for replenishment and discover relevant deals.

What Did Management Say?

Falguni Nayar, Executive Chairperson, Founder and Chief Executive Officer of Nykaa, said the quarter's performance reflected contributions from across the company's businesses and improvements in productivity.

Nykaa acquired an 82% majority stake in Simply Nam, a premium professional makeup brand founded by makeup artist Namrata Soni and Bozzil, a venture studio led by Hanna Strömgren Khan. Nayar said the acquisition will strengthen Nykaa's House of Nykaa portfolio and expand its presence in the premium and professional makeup segment.

Source

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