FSN E-Commerce , the parent company of fashion and beauty retailer Nykaa, reported a multifold growth in consolidated net profit to Rs 34.4 crore in the Q2FY26 from Rs 10.04 crore in the Q2FY25. Nykaa’s revenue from operations rose 25.13% to Rs 2,345.98 crore in Q2 FY26, as compared to Rs 1,874.74 crore in Q2FY25.

Key highlights from Nykaa’s Q2FY26

On sequential basis, Nykaa’s profit and revenue increased 47.64% and 8.86%, respectively.

Nykaa’s consolidated GMV (gross merchandise value) grew 30% year-on-year to Rs 4,744 crore.

Nykaa Founder and CEO Falguni Nayar said Q2’s performance reflects accelerated growth momentum across categories. “The beauty business continues to deliver consistently, achieving over 25% GMV growth for several consecutive quarters. This quarter saw accelera

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