FSN E-Commerce Ventures Limited (Nykaa) reported robust financial results for Q1FY27, with Net Revenue growing 29% YoY to ₹2,782 Crore. Profit After Tax (PAT) witnessed a significant surge of 226% YoY, reaching ₹80 Crore. The company highlighted strong performance across its Beauty and Fashion verticals, driven by increased GMV, customer acquisition, and strategic initiatives.
Nykaa Reports Strong Q1FY27 Financial Performance
FSN E-Commerce Ventures Limited (Nykaa) has announced its financial results for the first quarter of FY2027 (ended June 30, 2026), showcasing substantial growth across key financial metrics. Net Revenue from operations increased by 29% YoY to ₹2,782 Crore, marking the highest growth in the last 13 quarters. The company’s Profit After Tax (PAT) demonstrated remarkable improvement, surging by 226% YoY to ₹80 Crore.
Key Financial Highlights for Q1FY27
- Net Revenue: Grew by 29% YoY to ₹2,782 Cr.
- EBITDA: Increased by 68% YoY to ₹236 Cr, with an EBITDA margin of 8.5%.
- PAT: Surged by 226% YoY to ₹80 Cr, with a PAT margin of 2.9%.
- Gross Profit: Rose by 33% YoY to ₹1,276 Cr.
- Gross Merchandise Value (GMV): Achieved ₹5,590 Cr, a growth of 34% YoY.
Performance Across Verticals
The company’s business verticals, Beauty and Fashion, both contributed significantly to the growth. The Beauty vertical saw a 29% YoY increase in Net Sales Value (NSV), while the Fashion vertical reported a strong 54% YoY growth in NSV. Nykaa’s strategic focus on expanding its brand assortment, enhancing customer experience, and strengthening its omnichannel presence continues to drive these positive results.
Strategic Initiatives and Future Outlook
The investor presentation also highlighted key strategic initiatives including the expansion of its retail footprint with 11 new stores in Q1FY27, the successful launch of premium brands like Rare Beauty, and advancements in AI initiatives. The company’s acquisition of a 51% stake in Aminu further strengthens its position in the premium skincare segment. Nykaa remains focused on driving sustainable growth and profitability through continued innovation and strategic partnerships.
Source: BSE
