Nykaa parent posts 286% Q4 profit jump as fashion arm grows 40%, CEO sees no consumer slowdown
FSN E-Commerce Ventures reported Q4FY26 net profit of Rs 78.38 crore, up 286% YoY. Beauty sales hit Rs 2,409 crore (+27.2%) while fashion clocked Rs 225 crore (+40%). Fashion CEO Dabas flagged accelerating momentum in kids and home categories, with 600+ new brands added against a $5 billion TAM.
What happened
Nykaa Fashion · Nykaa parent FSN E-Commerce posted Q4FY26 profit of Rs 78.38 crore, up 286%. Fashion CEO Dabas reports no consumer slowdown, with fashion
Key facts
- Rs 78.38 crore profit
- 286% profit growth
- Rs 2,409 crore beauty sales
- 27.2% beauty growth
- Rs 225 crore fashion sales
- 40% fashion growth
- 600+ brands added
- $5 billion TAM
Why this matters
With fashion scaling fast and 600+ brands onboarded, Nykaa is consolidating supplier leverage that could pressure smaller verticals into partnership or acquisition conversations across kids, home, and adjacent lifestyle categories.
Also reported by
- ET Small Business — 18h after first sighting