Nykaa, a major player in beauty and fashion ecommerce, saw its consolidated net profit rise by 66.3% to INR 12.97 crore in the second quarter of FY25, up from INR 7.8 crore in the same period last year. This growth was driven by strong performance in the beauty and personal care (BPC) segment.
Nykaa registers INR 1,874.74 Cr revenue from operation
According to INC42, profit fell by 4.9% from INR 13.64 crore in the previous June quarter. Revenue from operations increased by 24.4% to INR 1,874.74 crore in the reviewed quarter, up from INR 1,746.11 crore in Q2 FY24. Compared to the previous quarter, revenue grew by 7.2% from INR 1,753.44 crore.
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Meanwhile, Nykaa’s total customer base for beauty, personal care, and fashion increased by 31% year-on-year to 3.72 crore, up from 3.32 crore a year ago. Earlier this month, the company stated it expected revenue growth in the “mid-twenties” percentage range.
D2C major GMV surges to 24% YoY
Furthermore, the D2C major’s investor presentation for the September quarter showed that the company’s gross merchandise value (GMV) rose by 24% year-on-year to INR 3,652.5 crore. EBITDA increased by 29%, reaching INR 103.7 crore, up from INR 80.6 crore in Q2 FY24. Additionally, the EBITDA margin improved by 18 basis points year-on-year to 5.5%.
Founded͏͏ by͏͏ Falguni͏͏ Nayar,͏͏ Nykaa͏͏ provides͏͏ a͏͏ range͏͏ of͏͏ beauty͏͏ and͏͏ fashion͏͏ products͏͏ through͏͏ online͏͏ platforms͏͏ like͏͏ Nykaa͏͏ Fashion,͏͏ Nykaa͏͏ Man,͏͏ and͏͏ Nykaa͏͏ Superstore,͏͏ along͏͏ with͏͏ 174͏͏ offline͏͏ stores͏͏ across͏͏ the͏͏ country.
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Nykaa’s͏͏ house͏͏ of͏͏ brands͏͏ features͏͏ well-known͏͏ names͏͏ such͏͏ as͏͏ Kay͏͏ Beauty,͏͏ Nykaa͏͏ Naturals,͏͏ Nykaa͏͏ Cosmetics,͏͏ and͏͏ Wanderlust͏͏ in͏͏ the͏͏ beauty͏͏ segment,͏͏ as͏͏ well͏͏ as͏͏ fashion͏͏ brands͏͏ like͏͏ Nykd,͏͏ Gajra͏͏ Gang,͏͏ Likha,͏͏ RSVP,͏͏ and͏͏ Pipa͏͏ Bella.͏͏ Renowned͏͏ for͏͏ its͏͏ authenticity͏͏ and͏͏ customer͏͏ focus,͏͏ Nykaa͏͏ has͏͏ become͏͏ the͏͏ preferred͏͏ partner͏͏ for͏͏ international͏͏ brands͏͏ entering͏͏ the͏͏ Indian͏͏ market.
