Eternal and Nykaa report sharp Q3 FY26 growth alongside retail expansion
Eternal reported Q3 FY26 revenue of Rs 16,315 crore, up 201.9% year on year, while Nykaa’s revenue rose 27% to Rs 2,873 crore and net profit grew 156%. Nykaa added 11 stores to reach 276 across 94 cities as it expands rapid delivery, premium beauty and B2B distribution.
India’s retail market is projected to reach Rs 210-215 trillion by 2035. Eternal posted rapid Q3 FY26 growth and expanded quick-commerce stores, while Nykaa improved profitability, added stores, launched Perfumery and expanded rapid delivery, brand partnerships and B2B distribution.
Why this matters
The results extend recent Eternal signals reporting Q3 revenue growth of 202% and quick-commerce breakeven, while adding Nykaa’s store-network expansion and profit growth.
Retail-company is accelerating, up 164878% quarter on quarter.