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Nykaa’s Q2 net profit jumps 206% to $10.7m
Indian beauty and fashion retailer Nykaa reported Q2 FY27 net profit of 1 billion rupees (US$10.7 million), up 206% from a year earlier.
Revenue from operations rose 28% to 30.1 billion rupees (US$318 million), and beauty remained its largest business.
The company said fashion revenue grew 42.9%.
Its quick-delivery service NYKAA Now, launched in 2025, has expanded to 15 cities, and Nykaa plans to expand it further.
Nykaa also announced the acquisition of an 82% stake in Simply Nam, an Indian cosmetics brand founded in 2020 by makeup artist Namrata Soni with venture studio Bozzil.
The deal is expected to expand Nykaa’s premium makeup portfolio.
🔗 Source: YourStory
