Nykaa Q4 results: Net profit nearly triples to ₹20 crore, EBITDA jumps 43%

FSN E-Commerce, the parent company of beauty and personal care firm Nykaa, reported strong earnings performance in the January–March quarter with net profit nearly tripling to ₹20 crore from ₹7 crore in the same period last year.

The company’s revenue from operations rose 24% year-on-year (YoY) to ₹2,062 crore, up from ₹1,668 crore in Q4FY24. Operational efficiency also improved, with EBITDA rising 43% to ₹133 crore. Nykaa’s EBITDA margin strengthened by 90 basis points to 6.48%, compared to 5.58% a year ago.

Nykaa’s beauty vertical continued to lead its growth in FY2025, recording a Gross Merchandise Value (GMV) of ₹11,775 crore — a 30% YoY increase that outpaced industry growth. This momentum was driven by increased customer acquisition and rising order volumes.

Over the past year, Nykaa bolstered its premium offerings by onboarding iconic global beauty brands like Yves Saint Laurent, NARS, Armani Beauty, and Supergoop. It reached a new milestone in early FY2026 with the launch of Chanel Beauty and Fragrances via a personalised “store-in-store” experience online and in select Luxe retail locations, the company said in a press release.

Nykaa also continued its aggressive offline expansion, now operating 237 physical stores across 79 cities — the largest specialised beauty retail network in India. FY2025 saw the addition of 50 new stores, marking the company’s biggest annual retail expansion to date. The physical store network delivered 31% YoY GMV growth and a healthy 15% same-store sales growth (SSSG), underscoring Nykaa's dominance in omnichannel beauty retail, the company said.

FSN E-Commerce shares ended 0.7% lower at ₹203.25 ahead of its earnings announcement.