Nykaa shares jump nearly 5% after Q2 net profit soars 154% YoY

Shares of FSN e-commerce ventures (NYKAA) jumped nearly 5% on Monday morning after the company announced its Q2FY26 results on Friday. The company’s gross market value jumped 30% YoY. The shares have outperformed the broader sentiment of the market by delivering over 55% returns in 2025 on a YTD basis.

The shares traded 4.9% higher at ₹258 apiece on the NSE at 10:00 am on Monday.

Shares of Nykaa, a digital-first consumer-tech company, reported all-around growth in its second-quarter results. The company’s topline for the quarter rose 25% YoY to ₹2,346 crore, marking it as the 12th consecutive year of mid-20 growth. The growth can be attributed to robust growth in GMV for the quarter across all major verticals.

On the operational front, the company’s EBITDA for the quarter jumped 53% YoY to ₹159 crore. Additionally, the margins jumped from 5.5% in the previous year’s same quarter to 6.8% in Q2FY26. Consequently, the net profit for the quarter jumped 154% YoY to ₹33 crore.

Commenting on the Q2 performance, Falguni Nayar, Executive Chairperson, Founder and CEO of Nykaa, said, “Our performance this quarter reflects accelerated growth momentum across Nykaa, with each of our businesses contributing meaningfully to this trajectory. The Beauty business continues to deliver consistently, achieving over 25% GMV growth for several consecutive quarters”.

Among other key highlights, the company’s cumulative beauty customer base stood at 40 million as of Q2FY26, up by 31% YoY. Additionally, Nykaa expanded to 265 beauty stores as the company added 19 stores in Q2FY26 across 90 cities (8 new cities added). Serving as a strategic lever for growth and premiumization, the store network now covers over 2.7 lac sq ft of retail space, up 37% YoY.