Q4 FY25 Roundup: Nykaa Profit Triples, ITC Revenue Slips, Maruti Hikes Prices

Mixed Q4 print across consumer names: Nykaa net profit up 286% to Rs 78.4 cr on 28.4% revenue growth, with Beauty +27% and Fashion +40%. ITC revenue fell 7% to Rs 16,050 cr though net profit rose 4.9%. Honasa, Bikaji, Wakefit posted double-digit growth. Maruti raises prices up to Rs 30,000; Varun Beverages extends PepsiCo bottling pact to 2049.

— Source publishedFri, 22 May, 2026, 06:00 IST·First seen Fri, 22 May, 2026, 06:09 IST·Source NDTV Profit

What happened

Q4 results roundup: ITC revenue down 7% but margins expanded; Nykaa profit tripled on 28% revenue growth; Honasa, Bikaji, Wakefit posted strong gains. Maruti

Key facts

  • ITC Q4 revenue Rs 16,050 cr down 7%
  • ITC net profit Rs 5,113 cr up 4.9%
  • ITC dividend Rs 8/share
  • Nykaa revenue Rs 2,648 cr up 28.4%
  • Nykaa net profit Rs 78.4 cr up 286%
  • Nykaa Beauty grew 27%, Fashion grew 40%
  • Honasa revenue Rs 657 cr up 23.1%
  • Bikaji revenue Rs 721 cr up 18%
  • Varun Beverages PepsiCo EBA extended to 2049
  • Maruti price hike up to Rs 30,000
  • Eicher-Volvo JV Rs 750 cr
  • Wakefit revenue Rs 343.6 cr up 13.5%
  • LG Electronics revenue Rs 8,054 cr up 8.1%

Why this matters

Strong scale-stage performers—Honasa, Bikaji, Wakefit posting double-digit growth—make attractive bolt-on targets for incumbents like ITC seeking to offset cigarette-led revenue declines with higher-growth consumer adjacencies.