Nykaa Q4 profit nearly quadruples to Rs 78 cr; Honasa, Bikaji, Wakefit also post strong gains
Indian consumer-retail Q4 round-up: Nykaa revenue up 28.4% to Rs 2,648 cr with profit up 286%, Honasa Consumer revenue up 23% to Rs 657 cr, Bikaji up 18% to Rs 721 cr, Wakefit turns profitable. ITC revenue slips 7%, Lux declines, Maruti hikes prices up to Rs 30,000.
What happened
Q4 earnings round-up with major Indian retail/consumer names: Nykaa profit nearly quadruples, Honasa Consumer profit up 178%, Bikaji up 26%, ITC margin expands,
Key facts
- Nykaa revenue Rs 2,648 cr +28.4%
- Nykaa net profit Rs 78.4 cr +286.2%
- Honasa revenue Rs 657.1 cr +23.1%
- Bikaji revenue Rs 721 cr +18%
- ITC revenue Rs 16,050 cr -7%
- Wakefit revenue Rs 343.6 cr +13.5%
- Maruti price hike up to Rs 30,000
Why this matters
Strong Q4 cash generation at Nykaa, Honasa, and Bikaji combined with Wakefit's profitability inflection creates a richer pool of acquisition targets and potential consolidators in India's fragmented consumer-retail landscape.