Nykaa Q1 cons PAT soars 79% YoY to Rs 24 cr, rev jumps 23%

FSN E-Commerce, which operates ' Nykaa' brand, reported a consolidated net profit of Rs 24 crore in Q1, which was up 79% compared to Rs 14 crore reported in the year ago period.

Company's revenue from operations in the quarter under review grew 23% to Rs 2,155 crore versus Rs 1,746 crore in Q1FY25.

Company's GMV reached Rs 4,182 crore in Q1FY26, up 26% YoY while its Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) was 46% higher YoY with EBITDA margin expanding to 6.5% from 5.5% in Q1 FY25.

Beauty business:
Nykaa’s Beauty vertical showed robust growth in Q1 FY26, with GMV increasing 26% YoY to Rs 3,208 crore. This was supported by strong all-round performance across e-commerce, retail stores, eB2B distribution and House of Nykaa portfolio.

Platform growth was fueled by consistent focus on deepening penetration and premiumisation, as was reflected in new customer acquisition and improving AOV respectively.

The cumulative beauty customer base expanded to nearly 37 million in Q1, reflecting a 29% YoY increase. One Nykaa’s FSN E-Commerce Ventures Limited House of Nykaa GMV includes Nykaa ecosystem, other third party online marketplaces and GTMT overall cumulative customer base is now over 45 million.

Beauty multibrand retail
The company added marquee new brands like Chanel Beauty & Fragrance, Armani Beauty, Supergoop, Anua, Aestura, Chantecaille and Paula’s Choice, among many others.

Offline retail
Nykaa’s offline retail network achieved a milestone of 250 beauty stores across 82 cities as of July 2025. Total retail space grew 36% YoY in Q1FY26 to 2.5 lakh+ square feet, supported by the rollout of larger-format experiential flagship stores.

Management commentary
Commenting on the earnings, Executive Chairperson, Founder and CEO Falguni Nayar highlighted Nykaa’s balancing growth and profitability across both beauty and fashion businesses. "Since our IPO, we have consistently delivered mid-20s growth at a consolidated level. Our cumulative customer base now stands at 45 million, reflecting the growing trust and adoption of our platform. The House of Nykaa Beauty business also continues to scale rapidly, driven by successful new launches and strong consumer demand, now contributing 18% of our overall beauty GMV*—a clear testament to our brand-building strength,” she said.