FSN E-Commerce Ventures Limited, the parent company of Nykaa, has reported its financial results for the quarter ended March 31, 2026. The company achieved a net profit of ₹78.75 crore for the quarter. Additionally, the Board of Directors has approved the acquisition of an additional 24.17% stake in its subsidiary, Earth Rhythm Private Limited, for a consideration of up to ₹9.4 crore, aiming to bolster its sustainable beauty product portfolio.
Financial Performance for Q4 and FY2026
For the fourth quarter ended March 31, 2026, FSN E-Commerce Ventures Limited reported consolidated revenue from operations of ₹2,648.17 crore. The company posted a net profit after tax of ₹78.75 crore, reflecting consistent growth. For the full financial year 2025-26, the company recorded a total revenue of ₹10,022.35 crore and a consolidated net profit of ₹203.94 crore, highlighting a robust annual performance across its business segments.
Strategic Investment in Earth Rhythm
In a move to strengthen its presence in the sustainable beauty segment, the Board has approved the acquisition of an additional 24.17% stake (on a fully diluted basis) in Earth Rhythm Private Limited (ERPL). This transaction, valued at a maximum of ₹9.4 crore, is expected to be finalized by August 31, 2026. ERPL, which specializes in natural beauty products, saw a turnover of ₹23.75 crore in FY 2025-26.
Segment-Wise Business Performance
The company continues to prioritize its primary business segments, with the Beauty segment emerging as the dominant driver, generating ₹2,409.94 crore in revenue for the quarter. The Fashion segment contributed ₹225.33 crore, while the international beauty business remains a part of the core strategy. Segment results after exceptional items stood at ₹504.13 crore for the Beauty segment and -₹67.54 crore for the Fashion segment for the full fiscal year.
Operational Highlights
The company maintains a strong balance sheet with total assets valued at ₹4,611.38 crore as of March 31, 2026. Throughout the year, FSN E-Commerce Ventures also completed the acquisition of a 40% stake in Nudge Wellness Private Limited, bringing its total ownership to 100%, and increased its stake in Dot & Key Wellness Limited to 90.06%, demonstrating a clear focus on consolidating its position in the personal care and wellness markets.
Source: BSE
