Newsletter
FSN E-Commerce Ventures, the parent company of Nykaa, reported a more than three-fold jump in consolidated net profit for Q1FY27, driven by continued strength in its beauty and personal care business.
The snapshot: Net profit rose to ₹79.8 crore, compared with ₹24.8 crore in the same quarter last year. On a sequential basis, profit remained largely flat at ₹78.8 crore in the previous quarter.
Revenue from operations increased 29% year-on-year and 5% quarter-on-quarter to ₹2,782 crore, reflecting sustained consumer demand across its beauty and personal care portfolio.
What stood out: profit grew much faster than revenue, suggesting Nykaa benefited from better cost control and improved operating efficiency during the quarter.
Going shopping: Nykaa's board approved the acquisition of a 51% stake in Aminu Wellness Private Limited for up to ₹32 crore. The acquisition strengthens Nykaa's presence in the fast-growing wellness and personal care segment.
