Nykaa shares rally 4% as firm expected to deliver strong December quarter earnings; check all Q4 business updates

The firm, in a statement, said its consolidated net sales value (NSV) growth is expected to be higher in the early thirties while the consolidated net revenue growth is likely to be in the late twenties, marking the highest growth in the last 12 quarters. “This strong performance came on the back of acceleration in the fashion vertical along with sustained strong performance of the beauty vertical,” Nykaa added.

With this, Nykaa’s consolidated NSV growth for the full year FY26 is expected to accelerate to the late twenties, up from mid-twenties growth seen in the last two years. Its net revenue for the financial year is expected to improve to the upper end of the mid-twenties, reflecting consistently healthy performance across all verticals.

“While we remain watchful of the evolving geopolitical landscape in West Asia, there has been no material impact this quarter. Middle East exposure is currently below 1% of overall revenue, given the business is in its early stages,” the company said.

Nykaa share price

After opening at ₹246.30 per share, Nykaa stock had touched an intraday high of ₹255.50 apiece. At 10:25 AM, the stock was trading at ₹253.92 per share on the National Stock Exchange, surging 3.23%.

Shares of the firm have gained 8% over the past five days, while they declined over 1% in the last six months. On a year-to-date basis, shares of Nykaa have fallen 5%.

The company has a total market capitalisation of ₹72,373.80 crore, according to data on the NSE.

Nykaa Q3 earnings

FSN E-Commerce Ventures had posted a 141.55% year-on-year (YoY) surge in its consolidated net profit to ₹63.31 crore in the December quarter of FY26, compared to ₹26.12 crore in the corresponding period of the previous fiscal year.

Its revenue from operations advanced 26.73% YoY to ₹2,873.26 crore during the quarter under review, as against ₹2,267.21 crore in Q3 of the 2024-25 fiscal year (Q3FY25).

At an operational level, EBITDA (earnings before interest, tax, depreciation and amortisation), also known as operating profit, stood at ₹230 crore for Q3 of FY26, reflecting a 63% YoY jump from ₹141 crore in the year-ago period. The EBITDA margin expanded to 8% in the third quarter of the current fiscal year, in comparison to 6.2% in the December quarter of FY25.

Nykaa’s gross merchandise value (GMV) grew 28% YoY to ₹5,795 crore in Q3FY26, in comparison to ₹4,528 crore in the same period last year.