Nykaa Q4FY26 Results: PAT Jumps 313% YoY As FY26 Revenue Crosses Rs 10,000 Crore

On Friday, the Indian equity benchmarks traded higher during the morning session, with the benchmark Nifty 50 index rising 0.55 per cent to 23,785.70. Beauty and lifestyle retail stocks remained in focus following quarterly earnings announcements. In this segment, FSN E-Commerce Ventures (Nykaa) share price was trading lower by 0.35 per cent at Rs 273.55 after the company announced its Q4FY26 and FY26 consolidated financial results.

Nykaa Q4FY26 Results

FSN E-Commerce Ventures reported consolidated revenue from operations of Rs 2,648.17 crore during Q4FY26 as against Rs 2,061.76 crore reported in Q4FY25, registering a growth of around 28.5 per cent YoY. Total income stood at Rs 2,657.32 crore during the quarter compared to Rs 2,070.71 crore reported in the corresponding quarter previous year.

Profit before Tax stood at Rs 121.52 crore during Q4FY26 compared to Rs 39.55 crore reported in Q4FY25, reflecting a sharp growth of around 207 per cent YoY. Net profit for the period came in at Rs 78.75 crore during the quarter as against Rs 19.05 crore reported in the corresponding quarter previous year, registering a growth of around 313 per cent YoY.

On a sequential basis, profit before tax declined marginally from Rs 125.98 crore reported in Q3FY26, while net profit for the period increased from Rs 67.74 crore to Rs 78.75 crore during the same period.

Nykaa FY26 Performance

For the financial year ended March 31, 2026, FSN E-Commerce Ventures reported consolidated revenue from operations of Rs 10,022.35 crore as against Rs 7,949.82 crore reported in FY25, registering a growth of around 26.1 per cent YoY. Total income stood at Rs 10,055.12 crore during FY26 compared to Rs 7,977.08 crore reported in the previous financial year.

Profit before tax for FY26 stood at Rs 330.23 crore compared to Rs 127.45 crore reported in FY25, reflecting a growth of around 159 per cent YoY. Net profit for the period came in at Rs 203.94 crore during FY26 as against Rs 72.07 crore reported in FY25, registering a growth of around 183 per cent YoY.

Earnings per share stood at Rs 0.70 during FY26 compared to Rs 0.23 reported in FY25.

Segment Performance

Nykaa’s Beauty segment revenue stood at Rs 2,409.94 crore during Q4FY26 compared to Rs 1,894.76 crore reported in Q4FY25. Fashion segment revenue came in at Rs 225.33 crore compared to Rs 161 crore reported in the year-ago quarter, while the Others segment contributed Rs 12.90 crore during Q4FY26.

For FY26, Beauty segment revenue increased to Rs 9,139.49 crore from Rs 7,251.17 crore reported in FY25. Fashion segment revenue rose to Rs 832.16 crore from Rs 674.69 crore, while the Others segment revenue increased to Rs 50.70 crore from Rs 23.96 crore during the previous financial year.

Exceptional Items And Corporate Developments

During FY26, the company recognised exceptional items including income of Rs 9.34 crore related to an arbitration award arising from a legal dispute concerning breach of employment contract obligations. The company also recognised an expense of Rs 10.38 crore related to theft of inventory at one of its subsidiary warehouses.

The company further disclosed an incremental impact of Rs 16.36 crore under exceptional items due to the statutory impact of new Labour Codes notified by the Government of India.

During FY26, Nykaa completed acquisition of the remaining 40 per cent stake in Nudge Wellness Private Limited, taking its holding to 100 per cent. The company also increased its stake in Dot & Key Wellness Limited to 90.06 per cent.

Additionally, the Board approved exercise of a contractual call option to acquire up to 24.17 per cent stake in Earth Rhythm Private Limited for a consideration of up to Rs 9.4 crore. The transaction is expected to be completed by August 31, 2026.

About Nykaa

FSN E-Commerce Ventures Ltd operates Nykaa, an omnichannel beauty and lifestyle retail platform offering beauty, personal care, fashion and wellness products through digital platforms and offline retail stores. The company operates across India and international markets through multiple subsidiaries and brands.

What are your views on Nykaa’s Q4FY26 performance and its continued expansion across beauty and fashion segments? Share your thoughts in the comments below.
Disclaimer: This article is for informational purposes only and not investment advice.