CONNECT WITH US
Tech

Tech

Nykaa's PAT soars 206% in Q2FY27 as beauty, quick commerce arm deliver strong performance

YourStory - Demo logo

Published on

Add as a preferred source on Google
Nykaa's PAT soars 206% in Q2FY27 as beauty, quick commerce arm deliver strong performance

Omnichannel beauty and fashion retailer Nykaa has reported a profit after tax (PAT) of Rs 101 crore, up 206% in Q2 of FY27 compared with Rs 33 crore a year ago.

Nykaa, which is operated by FSN E-Commerce Ventures, reported Rs. 3,006 crore in revenue from operations, an increase of 28% YoY. 

Its beauty vertical continued to drive the bulk of its business, with a gross merchandise value (GMV) at Rs. 4,454 crore. Meanwhile, its fashion revenue increased 42.9% YoY to Rs 287.2 crore. 

House of Nykaa clocked an annualised GMV run rate of Rs. 4,000 crore, and Rs. 2,300 crore annualised NSV for Q2 FY2027, which is a 36% YoY NSV growth. On the other hand, Superstore by Nykaa has clocked a gross merchandise value (GMV) of Rs 328 crore, and its registered retailer base grew 27% YoY to over 550,000. Net Sales Value or NSV is the actual realised value of goods after the platform accounts for discounts, cancellations, returned items and taxes.

“Our performance this quarter reflects the strength of the Nykaa ecosystem, with each of our businesses contributing to growth and productivity gains. We continued to improve operational efficiency, particularly across marketing and overheads. Beauty and Fashion are seeing accelerated growth, while House of Nykaa and Wellness offer significant runway for long-term growth. We remain focused on building differentiated businesses that serve our consumers and deliver sustainable growth over the long term," Falguni Nayar, executive chairperson, founder and CEO of Nykaa, said.

Nykaa also announced the acquisition of an 82% majority stake in Simply Nam, a cosmetics brand founded in 2020 by celebrity makeup artist Namrata Soni alongside Bozzil, a venture studio led by Hanna Strömgren Khan.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.