FSN E-Commerce Ventures, which operates Nykaa, reported a sharp improvement in profitability for Q1 FY27. Consolidated profit after tax rose around 226% YoY to Rs. 80 cr., compared with Rs. 24.47 cr. in the corresponding quarter last year. Revenue from operations increased 29.1% to Rs. 2,782 cr.
The beauty business remained the company’s key growth engine, supported by strong consumer demand. Gross merchandise value in the beauty segment reached Rs. 4,105 cr. during the quarter. The results underline the continuing expansion of India’s organised beauty and personal-care market, while investors will now watch whether Nykaa can maintain growth while improving margins.
