NYKAA FSN E-Commerce Ventures Q2 FY26 results (Jul–Sep 2025) and concall
FSN E-Commerce (Nykaa) delivered a strong Q2 FY26, marked by robust growth across its Beauty and Fashion verticals. The company reported its highest GMV, EBITDA, and PAT margins since IPO, driven by accelerated customer acquisition, strategic brand partnerships, and operational efficiencies. While the Superstore segment saw a slight moderation in GMV growth due to GST changes, management remains optimistic about its long-term trajectory and continued profitability improvements.
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What they filed
Q2 FY26: revenue up 25.1%, net profit up 153.8% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 1,875 | 2,267 | 2,062 | 2,155 | 2,346 +25% |
| EBITDA | 104 | 141 | 133 | 141 | 159 +53% |
| Net profit | 13 | 26 | 19 | 24 | 33 +154% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
