Nykaa Breaks Profit Records Amid Expanding Customer Base

FSN E-Commerce Ventures, parent company of Nykaa, reported significant profit growth to Rs 63.31 crore for Q3 FY26. Revenue also rose 26.73% year-on-year. Nykaa's efforts in expanding both online and offline presence and increasing customer base, now over 52 million, fueled their record-breaking performance.

In a significant financial achievement, FSN E-Commerce Ventures, the parent company of popular fashion and beauty platform Nykaa, announced a sharp increase in net profit, reporting Rs 63.31 crore for the third quarter of FY26. This marks a substantial rise from the Rs 26.12 crore profit recorded during the same quarter last year.

Nykaa also reported a 26.73% increase in revenue, with operations generating Rs 2,873.26 crore, an improvement from the previous year's Rs 2,267.21 crore. The company's Gross Merchandise Value (GMV) reached Rs 5,795 crore, reflecting a 28% year-on-year growth.

Executive Chairperson, Founder, and CEO Falguni Nayar highlighted Nykaa's strategic focus on assortment expansion and technology-led discovery as key factors in the company's strong financial performance. Nykaa's customer base has exceeded 52 million, demonstrating their substantial presence in the fashion and beauty market.

(With inputs from agencies.)