Nykaa Reports 80% Surge in Q1 FY26 Net Profit, Strong Growth in Revenue and Margins
In a strong start to the financial year, Falguni Nayar-led Nykaa has reported robust financial performance for Q1 FY26, posting an 80% year-on-year (YoY) jump in consolidated net profit to INR 24.5 crore, compared to INR 13.6 crore in the same quarter last year. The company also delivered a 29% sequential rise in profit from INR 19 crore in Q4 FY25.
Solid Revenue Growth Driven by BPC and Fashion Segments
The beauty and personal care (BPC) giant recorded operating revenue of INR 2,154.9 crore, marking a 23.4% YoY increase from INR 1,746.1 crore in Q1 FY25. On a quarter-on-quarter (QoQ) basis, revenue grew 5%, up from INR 2,061.8 crore in the previous quarter.
Including other income of INR 9.3 crore, Nykaa’s total income for the quarter stood at INR 2,164.3 crore, reinforcing its position as a market leader in the BPC and fashion e-commerce space.
Read Also :- Truemeds Raises $85 Million in Series C Funding to Expand Healthtech Reach Across India
Rising Expenses Balanced by Strong Margins
Total expenses for Q1 FY26 rose over 23% YoY to INR 2,120.6 crore, in line with the company’s expansion strategy and increasing operational scale. However, the increase in costs did not eat into profitability, as Nykaa demonstrated strong cost efficiency and margin improvement.
The company’s EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) rose 46% YoY to INR 141 crore, with the EBITDA margin expanding by 102 basis points to 6.5%. This reflects efficient resource management and the company’s ability to drive higher value from its existing operations.
Sustained Growth Momentum Under Falguni Nayar’s Leadership
Nykaa’s stellar Q1 FY26 performance showcases the success of its omnichannel strategy and deep focus on customer experience, brand building, and category expansion. Led by Falguni Nayar, the company has continued to innovate in both online and offline formats, building strong brand loyalty and a wide assortment of products across categories.
The beauty segment continues to be Nykaa’s growth engine, but its fashion and lifestyle verticals are also gaining momentum. With enhanced technology integration, regional penetration, and a curated offering strategy, Nykaa is well-positioned to capture the growing digital consumption in Tier 2 and Tier 3 cities.
Looking Ahead: Growth with Profitability
Nykaa’s Q1 FY26 numbers indicate a strong balance between growth and profitability—a key focus for public market investors. With continuous investment in customer acquisition, brand partnerships, and supply chain capabilities, Nykaa aims to maintain its upward trajectory while improving unit economics.
As the Indian beauty and personal care market continues to expand rapidly, Nykaa is uniquely placed to benefit from increasing digital adoption and consumer demand for premium, authentic products.
Final Thoughts
Nykaa’s Q1 FY26 results paint a promising picture of a profitable, fast-growing e-commerce powerhouse. With a solid financial foundation, margin improvement, and visionary leadership, the company is poised to remain a dominant player in India’s BPC and fashion landscape.