Nykaa Q1 profit rises 3.3x as revenue grows 29%; buys 51% of Aminu

Nykaa reported Q1 FY27 net profit of ₹79.76 crore, versus ₹24.47 crore a year earlier, while revenue rose 29% to ₹2,782 crore. GMV grew 34% to ₹5,590 crore. The company will acquire a 51% stake in dermocosmetic skincare brand Aminu for ₹32 crore.

— Source publishedTue, 4 Aug, 2026, 19:03 IST·First seen Tue, 4 Aug, 2026, 19:06 IST·Source YourStory

What happened

Nykaa reported Q1 FY27 net profit up over threefold to Rs 79.76 crore and revenue up 29% to Rs 2,782 crore. It will acquire a 51% stake in dermocosmetic

Key facts

  • Net profit: Rs 79.76 crore, up from Rs 24.47 crore year-on-year
  • Revenue from operations: Rs 2,782 crore, up 29% from Rs 2,154.94 crore
  • GMV: Rs 5,590 crore, up 34% year-on-year
  • EBITDA: Rs 236 crore, up 68% year-on-year
  • Beauty revenue growth: 27.3% year-on-year
  • Fashion revenue growth: 48% year-on-year
  • Fashion EBITDA loss: Rs 8.52 crore
  • Beauty EBITDA: Rs 159.10 crore
  • Aminu acquisition: 51% stake for Rs 32 crore
  • Aminu FY26 revenue: Rs 19.44 crore

Why this matters

Buying 51% of dermocosmetic brand Aminu for ₹32 crore gives Nykaa a controlled entry into higher-value clinical skincare and expands its owned-brand and exclusive-product ecosystem.

What to watch

  • Beauty GMV growth versus fashion GMV growth and the share of premium/skincare categories.
  • Sequential gross-margin, EBITDA-margin and marketing-spend trends.
  • Aminu revenue growth, distribution expansion and post-acquisition profitability.
  • Competitive delivery promises and discount intensity from quick-commerce platforms and major marketplaces.
  • Offline store additions, same-store sales growth and store payback periods.
  • Repeat-purchase rates, active customers and contribution from retail media/owned brands.
  • Scale Aminu through Nykaa's app, stores, dermatologist-led content and bundled skincare routines.
  • Prioritize margin-accretive premium beauty, owned brands, retail media and loyalty-led repeat purchases.
  • Increase selective offline expansion in high-value beauty catchments while tightening store-level payback targets.
  • Use the stronger earnings print to communicate a clearer path to sustained EBITDA and net-profit margin expansion.

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