FSN E-Commerce Ventures Ltd, the parent company of beauty and fashion retailer Nykaa, reported a 79% year-on-year jump in consolidated net profit to Rs. 24.47 crore (US $ 2.79 million) for the quarter ended June 2025. The company had posted a profit of Rs. 13.64 crore (US $ 1.55 million) in the same period last year.
Total income rose to Rs. 2,164.27 crore (US $ 246 million) in Q1 FY26, up from Rs. 1,753.44 crore (US $ 199 million) in the corresponding quarter of FY24, the company said in a regulatory filing.
Nykaa’s beauty vertical remained its largest revenue contributor, generating Rs. 1,975.37 crore (US $ 225 million) during the quarter. The fashion segment posted revenues of Rs. 170.83 crore (US $ 19.48 million), reflecting its steady expansion within India’s competitive online and offline fashion market.
Nykaa Fashion operates a multi-brand platform offering apparel, accessories, footwear, and home décor, and has been strengthening its presence through exclusive brand partnerships, curated collections, and physical Nykaa Fashion stores in premium locations. The segment is seen as a key growth driver, complementing the company’s dominant position in beauty retail.
