Nykaa Profit Triples in Q2 FY26, Revenue Climbs 25% as Shares Jump 5%
Beauty outperformance with a fashion rebound lifted margins, reinforcing investor interest in Nykaa’s profitability trajectory.
Overview
- Consolidated net profit rose to Rs 34.4 crore from Rs 10 crore a year earlier.
- Revenue increased 25.1% to Rs 2,346 crore, while EBITDA grew 53.4% to Rs 159 crore with the margin improving to 6.8%.
- Gross merchandise value expanded 30% year-on-year to Rs 4,744 crore, led by 28% growth in beauty and a recovery in fashion.
- The stock gained about 5% intraday to roughly Rs 259, with trading volume above the 30‑day average and a 12‑month rise of about 39%.
- Falguni Nayar said the quarter showed accelerated momentum across businesses, and brokerages including Morgan Stanley, CLSA, and Nuvama reiterated positive views with higher targets.