Nykaa reported a three-fold jump in net profit to ₹79.8 crore in Q1 FY27, alongside a 29% rise in operating revenue to ₹2,782 crore. The beauty ecommerce giant also expanded its EBITDA margin to 8.5%, with EBITDA growing 68% year-on-year to ₹236 crore. For the first time, Nykaa’s fashion business turned EBITDA positive, marking a key milestone in its growth trajectory, according to inc42.com.
The strong quarterly performance was driven primarily by Nykaa Beauty, which contributed 90% of total revenue. This segment benefited from higher engagement, improved margins, increased average order values, and a premium product portfolio. Nykaa expanded its omnichannel presence to 324 stores and onboarded global brands to enhance customer choice. Meanwhile, the fashion vertical accelerated GMV and net sales through a broader brand mix and sharper merchandising, supported by expansions into activewear, kidswear, and footwear.
Nykaa’s quick commerce platform also scaled up to 13 cities during the quarter, with plans to reach 25 cities by the end of FY27. While domestic consumption remained robust, the company’s Gulf joint venture, Nysaa, faced challenges due to geopolitical tensions. Nykaa’s Q1 results highlight its growing footprint in beauty ecommerce and its emergence as a serious contender in fashion retail, reflecting broader trends in India’s online retail sector.
Nykaa’s next quarterly earnings report is scheduled for November 2026, when investors will assess whether the company sustains its margin expansion and growth momentum across both beauty and fashion segments.