Net profit for the quarter surged 79.4% year-on-year to ₹24.47 crore as against ₹13.64 crore last year.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter increased by 49.6% from the year-ago period to ₹141.1 crore, while EBITDA margin expanded by 100 basis points to 6.5% from 5.5%.
“Our GMV for the quarter grew 26% year-on-year to ₹4,182 crore, supported by accelerated premiumisation and deeper market penetration. Since our IPO, we have consistently delivered mid-20s growth at a consolidated level,” said Falguni Nayar, Executive Chairperson, Founder and CEO Nykaa.Nayar also said that the House of Nykaa Beauty business continues to scale rapidly, driven by successful new launches and strong consumer demand, now contributing 18% of our overall beauty GMV.
The board of Nykaa has approved the acquisition of the remaining 40% equity stake in Nudge Wellness for ₹14.26 lakh, resulting in Nudge Wellness becoming a wholly-owned subsidiary.
The transaction is expected to be completed by September 30, 2025.
This transaction aligns with Nykaa’s strategic intent to building and scaling its presence in the wellness sector, particularly in the dietary supplements and nutricosmetics categories, the company said in a filing.
Nykaa shares ended 1.06% higher on Tuesday at ₹205.70, ahead of the results announcement. The stock has risen 25% so far this year.