FSN E-Commerce Ventures Ltd., the parent company of Nykaa, reported improved financial performance for the quarter ended March 2026, supported by growth across its beauty and fashion businesses.
Nykaa posted a consolidated net profit of ₹78.4 crore for the fourth quarter of FY26, compared with ₹20.3 crore reported in the same quarter last year.
Revenue from operations increased 28.4% year-on-year to ₹2,648 crore during the quarter. The company attributed the growth to continued consumer demand across its core beauty segment and improving traction in fashion.
The beauty segment remained a significant contributor to the company’s overall revenue growth during the quarter. Revenue from the beauty business increased by 27% compared with the corresponding period last year.
The company continued to benefit from growth in online beauty consumption, product expansion and consumer engagement across categories.
Nykaa’s fashion business recorded a 40% rise in revenue during the quarter, reflecting increased customer activity and category growth.
The company also stated that the fashion segment became EBITDA positive during Q4FY26. This development indicates an improvement in operational efficiency within the business after a period of investment-led expansion.
Falguni Nayar, Executive Chairperson, Founder and CEO of Nykaa, said the company has developed into a platform with multiple growth drivers over the past three years.
According to the management, both the beauty and fashion businesses have doubled their gross merchandise value (GMV) during this period, while newer verticals such as Superstore and House of Nykaa have expanded further.
Shares of FSN E-Commerce Ventures Limited was trading at ₹273.95 on the NSE, marginally lower by 0.20% compared with the previous close of ₹274.50. The stock had earlier gained during intraday trading after the earnings update.
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Nykaa reported higher profit and revenue growth in the fourth quarter of FY26, supported by steady expansion in both beauty and fashion segments.
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Published on: May 22, 2026, 2:42 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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