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Nykaa reported a strong June quarter, with consolidated net profit more than tripling year-on-year as revenue growth and improving margins boosted earnings. The beauty and fashion e-commerce platform also strengthened its wellness play with the acquisition of a majority stake in Aminu Wellness.
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FSN E-Commerce Ventures Ltd (Nykaa), the parent company of Nykaa, reported a sharp improvement in profitability for the June quarter, with net profit more than tripling year-on-year.
The company's consolidated net profit rose to ₹79.7 crore in the quarter ended June 30, 2026, compared with ₹24.4 crore in the corresponding period last year.
Revenue from operations increased 29.1% year-on-year to ₹2,782 crore from ₹2,155 crore.
The jump in profit was significantly higher than revenue growth, indicating that Nykaa benefited from better cost control and stronger operating efficiency during the quarter.
Margins expand as operating leverage kicks in
Nykaa's operating performance improved sharply during the quarter.
EBITDA rose 67.8% year-on-year to ₹236 crore from ₹141 crore.
EBITDA margin expanded to 8.5% from 6.5% a year ago.
The widening gap between revenue growth and EBITDA growth suggests that Nykaa is beginning to extract more profits from every additional rupee of sales — a key milestone for businesses that prioritise growth in their early years.
The improvement in margins reflects benefits from scale, better operating efficiency and a healthier business mix.
Beauty and lifestyle platform continues to scale
Nykaa has built its business around beauty, personal care and fashion categories, where higher customer engagement and repeat purchases help drive growth.
The June-quarter performance indicates continued momentum, with the company delivering growth while also improving profitability.
For e-commerce companies, the challenge is often moving from a phase of chasing sales growth to building a sustainable profit engine. Nykaa's latest numbers suggest it is making progress on that transition.
Nykaa expands wellness portfolio
Separately, Nykaa's board approved the acquisition of a 51% stake in Aminu Wellness Private Limited for a consideration of up to ₹32 crore.
The move expands Nykaa's presence in the growing wellness and personal care segment.
The acquisition aligns with Nykaa's broader strategy of building a wider beauty and wellness ecosystem rather than remaining only a marketplace for third-party brands.
Shares of Nykaa ended 0.70% lower at ₹342.50 on the Stock Exchange in the lead up to the results.
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