Nykaa Q4 net profit quadruples to ₹79 cr; FY26 revenue crosses $1 bn

FSN E-Commerce posted Q4 net profit of ₹78.75 cr versus ₹19.05 cr a year earlier, with revenue up 28% to ₹2,648 cr. Beauty segment profit rose 52% to ₹157 cr while fashion losses narrowed to ₹8.26 cr from ₹36.44 cr. FY26 revenue hit ₹10,022 cr (+26%) and GMV reached ₹19,963 cr (+28%).

— Source publishedFri, 22 May, 2026, 11:41 IST·First seen Fri, 22 May, 2026, 11:43 IST·Source Outlook Business

What happened

Nykaa parent FSN E-Commerce reported Q4 net profit jumping to Rs 78.75 cr from Rs 19 cr, with revenue up 28% to Rs 2,648 cr. FY26 revenue crossed USD 1 billion

Key facts

  • Q4 net profit Rs 78.75 cr vs Rs 19.05 cr YoY
  • Q4 revenue Rs 2,648.17 cr (+28%)
  • Beauty segment profit Rs 157 cr (+52%)
  • Fashion loss narrowed to Rs 8.26 cr from Rs 36.44 cr
  • FY26 net profit Rs 203.94 cr vs Rs 72.07 cr
  • FY26 revenue Rs 10,022.35 cr (+26%)
  • GMV Rs 19,963 cr (+28%)
  • Beauty GMV Rs 14,954 cr (+27%)

Why this matters

Nykaa's widening profitability gap and $1bn revenue milestone position it as both a consolidation anchor in Indian beauty and a higher-multiple comp for fashion e-commerce deals.