Nykaa Q4 PAT surges 286% YoY to Rs 78 crore, revenue rises 28%

Synopsis

FSN E-Commerce Ventures, Nykaa's parent company, reported a significant 286% year-on-year surge in net profit to Rs 78 crore for the March-ended quarter of FY2026. Revenue from operations also climbed 28% to Rs 2,648 crore. For the full fiscal year, net profit nearly tripled to Rs 199 crore, with revenue growing 26% to Rs 10,022 crore.

FSN E-Commerce Ventures, on Thursday, reported a consolidated net profit of Rs 78 crore in the March-ended quarter of FY2026, up 286% YoY from Rs 20 crore in the year-ago period. The profit after tax (PAT) is attributable to the equity shareholders of the parent.

The Nykaa parent's revenue from operations in Q4FY26 was up 28% to Rs 2,648 crore versus Rs 2,062 crore posted by the company in the corresponding quarter of the previous financial year.

PAT rose 24% sequentially to Rs 78 crore from Rs 63 crore in Q3FY26, even as topline declined 7% quarter-on-quarter to Rs 2,873 crore in the October–December quarter of FY26.

The bottom line surged nearly threefold to Rs 199 crore for the full financial year, compared with Rs 66 crore in the previous year. Topline, meanwhile, rose 26% to Rs 10,022 crore in FY26 versus Rs 7,950 crore a year earlier.

The Nykaa owner reported a 28% YoY growth in its gross merchandising value (GMV) at Rs 5,241 crore, highlighting that the mid 20s growth sustained for the 14th quarter in a row. The revenue also was its highest in last 12 quarters along with gross margin.

Also read: ITC Q4 Results: Profit jumps 5% YoY to Rs 5,113 cr; Rs 8/share dividend declared

Company's Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) in the quarter under review stood at Rs 223 crore, up 67% YoY while accounting for 8.4% of the net revenue.

FY26 takeaways

The GMV in FY26 stood at Rs 19,963 crore, rising 28% YoY while net revenue stood at Rs 10,022 crore, recording a 26% YoY growth. EBITDA record a 59% YoY growth at Rs 752 crore while PAT surged 183% to Rs 204 crore.

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