Nykaa parent FSN E-Commerce Ventures on Thursday reported a 4X jump in its March quarter consolidated net profit at Rs 79 crore, compared with Rs 19 crore in the year-ago period.
The Nykaa operator’s revenue from operations stood at Rs 2,648 crore in Q4 FY26, up 28% from Rs 2,062 crore in the corresponding period of the previous financial year.
The PAT surged 16% sequentially from Rs 68 crore in Q3 FY26, while the topline fell 8% quarter-on-quarter, due to change in seasonal demand. Typically, the December quarter is the best for ecommerce companies, as most festivals are celebrated during the period.
For the full year FY26, Nykaa’s sales topped Rs 10,000 crore for the first time. The ecommerce company reported a 26% jump in its operating revenue to Rs 10,022 crore for FY26, while its profit more than doubled to Rs 204 crore in FY26.
FSN E-Commerce’s consolidated gross merchandise value (GMV) grew 28% year-on-year (YoY) to Rs 5,241 crore in Q4 FY26, while gross profit rose 32% on-year to Rs 1,203 crore.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 67% YoY to Rs 223 crore in Q4 FY26, with EBITDA margins expanding to 8.4%, its highest-ever, the company said. Profit before tax increased to Rs 122 crore, up 3X YoY.
On Thursday, Nykaa share price ended 0.4% up on the BSE at Rs 274.40 apiece. The results came in after market hours.
Q3 Business Highlights
Beauty business
Nykaa’s beauty vertical delivered strong growth in Q4, with GMV rising 27% on-year to Rs 3,892 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 45 million as of Q4 FY26, reflecting over 20% YoY increase, while loyalty programme One Nykaa’s overall customer base crossed 66 million, underscoring strong customer acquisition and engagement across platforms, the company said.
House of Nykaa
For its in-house beauty and fashion brands, GMV for the full year stood at Rs 3,176 crore, marking a 49% YoY growth. As of Q4 FY26, the platform had served over 16 million customers.
Dot & Key continues to be India’s largest direct-to-consumer skincare brand, delivering an annualised GMV of Rs 1,790 crore, recording 13x growth in three years, Nykaa said.
