FSN E-Commerce Ventures Limited (Nykaa) announced the outcome of its Board Meeting held on November 04, 2026. The Board approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. Additionally, the company approved the acquisition of an 82% equity stake in Simply Nam Beauty Private Limited for a consideration of up to ₹33 Crores.
Financial Results and Strategic Acquisition Approved
FSN E-Commerce Ventures Limited, operating under the brand Nykaa, has announced the approval of its unaudited consolidated financial results for the quarter and half year ended September 30, 2026. The Board of Directors, in their meeting held on November 04, 2026, reviewed and approved these results.
Acquisition of Simply Nam Beauty
In a significant strategic move, the Board also approved the acquisition of an 82% equity stake in Simply Nam Beauty Private Limited. The transaction, valued at a consideration of up to ₹33 Crores, is expected to bolster Nykaa’s presence in the premium makeup segment. Simply Nam Beauty Private Limited is engaged in the marketing and sale of cosmetics products and is led by a prominent Indian celebrity makeup artist.
Key Financial Highlights (Consolidated)
For the quarter ended September 30, 2026, Nykaa reported a total income of ₹3,006.04 Crores and a profit after tax of ₹101.19 Crores. The half-year ended September 30, 2026, saw a total income of ₹5,788.04 Crores and a profit after tax of ₹180.95 Crores. The consolidated total assets stood at ₹5,342.26 Crores as of September 30, 2026.
Standalone Financial Performance
On a standalone basis, for the quarter ended September 30, 2026, the company reported a total income of ₹154.63 Lakhs and a profit after tax of ₹16.71 Lakhs. For the half-year ended September 30, 2026, standalone total income was ₹282.32 Lakhs, with a profit after tax of ₹26.28 Lakhs.
Transaction Details
The acquisition of Simply Nam Beauty Private Limited is described as a cash consideration, with the transaction expected to be completed by December 31, 2026. The board believes this move aligns with the growing premiumization trend in the Indian beauty and personal care market, creating significant opportunities for growth and brand expansion.
Source: BSE
