Nykaa Q3 Results: Profit Doubles YoY Nykaa's consolidated net revenue grew 27 per cent YoY in the third quarter of FY26, PAT up by156 per cent YoY
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
Nykaa, the e-commerce major, continues to invest in assortment expansion, offline growth, and technology-led discovery, alongside a disciplined focus on efficiency.
"These foundations position us well for sustained, long-term growth. Q3 FY2026 marked a record quarter for Nykaa, with our highest-ever GMV and EBITDA margin, while sustaining our long-term growth trajectory," said Falguni Nayar, executive chairperson, founder and CEO Nykaa.
Nykaa, reported a surging 143 year-on-year (YoY) profit to INR 63.3 crore in Q3 FY26. The company had posted a net profit of INR 26.1 crore in the corresponding quarter last year.
Revenue from operations rose 26.7 percent YoY to INR 2,873.26 crore in the quarter ended December 31, 2025, compared with INR 2,267.21 crore in Q3 FY25, reflecting continued growth across its core businesses. Total income for the quarter stood at INR 2,879.52 crore, up from INR 2,272.74 crore a year earlier.
Nykaa's Beauty vertical delivered GMV growing at 27 per cent YoY to INR.4,302 crore, supported by sustained momentum across e-commerce, physical retail, and owned brands under the House of Nykaa. The beauty business remains focused on driving penetration and premiumization, tapping into a multi decadal growth opportunity by accelerating customer acquisition and retention.
In Q3 FY2026, the House of Nykaa Beauty portfolio GMV stood at INR 775 crore reaching an annualized GMV run rate of ~ INR 3,100 crore, growing 65 per cent YoY.
Superstore by Nykaa has a distribution network reaching 3,59,000 retailers across 1,100-plus cities, driven by an expanded brand portfolio, premiumization, and deeper penetration into Tier II and Tier III markets.
By bringing curated assortments from marquee brands, D2C innovators, and regional players to underserved regions, backed by reliable fulfillment, Superstore is redefining beauty distribution in India. In Q3 FY2026, it achieved a GMV run rate of INR 318 crore (+23 per cent YoY), supported by a strengthened funnel and 31 per cent NSV growth in Q3 FY2026. Over the past year, the platform added one lakh-plus retailers, with transacting retailers growing 40 per cent YoY as of Q3 FY2026. Operational scale and efficiency delivered ~575 bps EBITDA improvement YoY.
Nykaa Fashion's accelerated recovery in FY2026 is the direct outcome of a focused strategy centred on depth of assortment, marquee brand partnerships, and rising customer engagement. Through CY2025, the platform expanded its portfolio across women's, men's, kids', and accessories with high-impact launches.
