FSN E-Commerce Ventures Ltd., the parent company of Nykaa, has reported a twofold increase in net profit, reaching ₹19 crore for the fourth quarter of FY25, compared to ₹9 crore in the same period last year. The company’s operating revenue surged 24% year-on-year, touching ₹2,061.7 crore, driven by strong customer acquisition and brand partnerships.
Key Financial Highlights
- Net Profit: ₹19 crore, up 110% YoY.
- Revenue: ₹2,061.7 crore, marking a 24% increase.
- EBITDA: ₹133 crore, reflecting a 43% YoY growth.
- EBITDA Margin: Improved to 6.5% from 5.6%.
Growth Drivers & Market Performance
Nykaa’s beauty vertical, which contributes over 90% of total revenue, posted a 30% YoY growth, reaching ₹11,775 crore in gross merchandise value (GMV). The fashion segment saw a muted growth of 18%, generating ₹161 crore in revenue. The company’s Superstore by Nykaa, its B2B distribution arm, recorded a 57% YoY GMV growth, reaching ₹941 crore.
Expansion & Future Outlook
Nykaa continues to expand its offline presence, adding 50 new stores in FY25, its highest annual addition to date. The company also introduced global beauty brands such as Yves Saint Laurent, NARS, Armani Beauty, and Supergoop to its platform.
Stock Market Reaction
Despite strong financial performance, Nykaa’s stock closed 1.81% lower at ₹200.80 per share on the NSE. However, investor sentiment remains optimistic as the company strengthens its market position in India’s booming beauty and fashion industry.
