Nykaa Q3 Results: Profit skyrockets 142% YoY to Rs 63 crore; revenue climbs 27%

Nykaa parent FSN E-Commerce Ventures on Thursday reported a 142% jump in its December quarter consolidated net profit at Rs 63 crore, compared with Rs 26 crore in the year-ago period. The company’s profit after tax (PAT) is attributable to its owners.

The Nykaa operator’s revenue from operations stood at Rs 2,873 crore in Q3 FY26, up 27% from Rs 2,267 crore in the corresponding period of the previous financial year.

The PAT surged 84% sequentially from Rs 34 crore in Q2 FY26, while the topline rose 22% quarter-on-quarter to Rs 2,873 crore, compared with Rs 2,346 crore in the July–September quarter.

FSN E-Commerce’s consolidated gross merchandise value (GMV) grew 28% year-on-year (YoY) to Rs 5,795 crore in Q3 FY26, while gross profit rose 31% YoY to Rs 1,297 crore.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 63% YoY to Rs 230 crore in Q3 FY26, with EBITDA margins expanding to 8% from 6.2% in Q3 FY25. Profit before tax increased to Rs 110 crore, up 146% YoY.

Q3 Business Highlights
Beauty business
Nykaa’s beauty vertical delivered strong growth in Q3, marking its largest quarter to date, with GMV rising 27% YoY to Rs 4,302 crore, supported by sustained momentum across e-commerce, physical retail, and owned brands under the House of Nykaa.

The cumulative beauty customer base stood at approximately 42 million as of Q3 FY26, reflecting a 30% YoY increase, while One Nykaa’s overall customer base crossed 52 million (up 31% YoY), underscoring strong customer acquisition and engagement across platforms.