Nykaa shares jump nearly 5% after 156% jump in the net profit for Q3

Shares of the largest beauty online retailer platform, Nykaa, jumped nearly 5% on Friday morning after the company reported a strong set of earnings growth in the Q3FY26. The shares traded 4.7% higher at ₹271 apiece on the NSE at 9:30 am.

The company posted a net profit of ₹68 crore for the quarter ending December 2025, up by 156% YoY. The company posted a net profit of ₹28 crore in the year-ago period for the same quarter. After adjusting for the one-time impact of labour codes, the net profit stood at ₹78 crore.

On the topline front, the company’s net revenue jumped 27% YoY to ₹2,873 crore on the back of 28% YoY jump in the GMV at ₹5,795 crore. The growth in GMVs has remained consistent in the mid-20s for the last 13 quarters. The beauty segment GMV grew by 27% YoY to ₹4,302 crore, and the Fashion segment grew by 31% You to ₹1,476 crore for the same period.

At the operating level, the EBITDA growth remained strong at 63% YoY to ₹230 crore and the highest ever EBITDA margin of 8% for the quarter.

In the previous quarter, on consolidated basis, the company has reported over three-fold jump in its net profit at ₹34.43 crore for Q2FY26 as compared to ₹10.04 crore for the same quarter in the previous year. The total income of the company increased by 25.20% at ₹2,354.01 crore for Q2FY26 as compared to ₹1,880.19 crore for the corresponding quarter previous year.

FSN E-Commerce Ventures Limited (Nykaa) is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. Since its incorporation in 2012, it has invested both capital and creative energy towards designing a differentiated journey of brand discovery for its consumers.

It has a diverse portfolio of beauty, personal care and fashion products, including its owned brand products manufactured by it. As a result, it has established itself not only as a lifestyle retail platform, but also as a consumer brand.