Nykaa's Q2 profit tripled to about Rs 101 crore from Rs 34 crore as revenue rose 28% to Rs 3,006 crore.
Results · Finvezto · 4 Nov 2026 · Nykaa (NYKAA)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 3,006 | +8.1% | +28.1% |
| Operating profit | 263 | +11.2% | +65.3% |
| Net profit | 101 | +26.8% | +206.7% |
| Operating margin | 8.7% | +0.2 pp | +2.0 pp |
| Net margin | 3.4% | +0.5 pp | +2.0 pp |
Key points
- FSN E-Commerce Ventures Limited reported a 28% year-over-year increase in consolidated revenue from operations to Rs 3,006 crore for Q2 FY2027, with EBITDA rising 65% to Rs 263 crore and net profit surging 207% to Rs 101 crore. NSE filing
- Concurrently, the company announced the acquisition of an 82% majority stake in professional makeup brand Simply Nam to expand its premium cosmetics business. NSE filing
- Nykaa reported Q2 FY27 net revenue of INR 3,006 crores, up 28% year-on-year, with GMV reaching INR 6,151 crores, up 30% year-on-year. Earnings call
- Gross profit grew 31% year-on-year to INR 1,382 crores with a 46% margin, while EBITDA rose 65% to INR 263 crores and PAT increased 207% to INR 101 crores. Earnings call
Anand's note
Anand Ganapathy K: EBITDA rose to Rs 262 crore from Rs 159 crore, and gross merchandise value grew 30%. Source: Stock note
Other figures
- Consolidated GMV: ₹6,151 Cr (+30.0% YoY)
- Gross Profit: ₹1,382 Cr (+31.0% YoY)
What to watch
- Management on fashion ebitda margin: But given the trajectory, and this time, it is on the back of proven hockey-stick growth and profitability, as you have seen already, we feel even increasingly more confident that we are on track for our long-term guidance.
- Operating margin over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26): 8.0%, 8.4%, 8.5%, 8.7%.
- Net profit over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26), ₹ Cr: 68, 79, 80, 101.
Links
NSE filing (PDF) · Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.