The company’s net profit has risen to Rs 67.74 crore from Rs 26.41 crore in the third quarter of the current financial year
Driven by growth in the beauty segment and accelerated momentum in fashion, FSN Ecommerce, the parent company of Nykaa, has registered a 156 per cent year-on-year (YoY) uptick in its net profit. The company’s net profit rose to Rs 67.74 crore in the third quarter of the current financial year as compared to Rs 26.41 crore in Q3FY25.
The company achieved the highest ever gross merchandise value (GMV) to date. Consolidated GMV stood at Rs 5,795 crore in the recently concluded quarter, reflecting 28 per cent YoY growth. The consolidated revenue from operations increased 27 per cent YoY to Rs 2,873 crore.
The earnings before interest, taxes, depreciation and amortisation (Ebitda) grew 63 per cent YoY to Rs 230 crore, with margins expanding to 8 per cent in Q3FY26 from 6.2 per cent in Q3FY25. Nykaa’s beauty vertical delivered stellar growth in Q3FY26, marking its largest quarter to date, with GMV growing 27 per cent YoY to Rs 4,302 crore, supported by sustained momentum across ecommerce, physical retail and owned brands under the House of Nykaa.
“Q3 FY2026 marked a record quarter for Nykaa, with our highest-ever GMV and Ebitda margin, while sustaining our long-term growth trajectory. Over a 13-year journey, Nykaa has evolved into a multi- platform lifestyle business addressing a USD 100 billion beauty and fashion opportunity and serving over 52 million customers across One Nykaa,” stated Falguni Nayar, Executive Chairperson, Founder and Chief Executive Officer, Nykaa.
The cumulative beauty customer base stood at approximately 42 million as of Q3FY26, reflecting a 30 per cent YoY increase, while One Nykaa’s overall customer base crossed 52 million, underscoring strong customer acquisition and engagement across platforms.
Beauty Multi-brand Retail
Nykaa’s offline network continues to be a key lever for growth and premiumisation. In Q3FY26, Nykaa expanded to 276 beauty stores across 94 cities, adding 11 new stores and entering four new cities. Nykaa has further deepened its fragrance leadership through Nykaa Perfumery, one stop destination for luxury fragrances for men and women, with stores delivering nearly three times the average order value (AOV) of regular beauty stores and over 45 per cent of GMV coming from men’s fragrances.
House of Nykaa, Beauty and Fashion GMV for the quarter stood at Rs 872 crore (reaching an annualised GMV run rate of Rs 3,500 crore), marking a robust 48 per cent YoY growth. As of Q3FY26, the platform has served over 16 million customers, across a portfolio of 12 in-house beauty and fashion brands.
In Q3 FY2026, the House of Nykaa beauty portfolio GMV stood at Rs 775 crore, growing 65 per cent YoY, the official statement added.
