Nykaa Reports Strong Growth in Q2 FY27
Nykaa has demonstrated substantial growth in Q2 FY27, with revenue from operations rising by 28% year-on-year. The net profit surged more than threefold during the quarter ending in September 2026. According to the consolidated financial statements filed with the National Stock Exchange (NSE), Nykaa’s revenue from operations reached Rs 3,006 crore in Q2 FY27, compared to Rs 2,346 crore in Q2 FY26.
Revenue Segmentation
The beauty segment remained the primary contributor to Nykaa’s revenue, providing Rs 2,700 crore, which represents 90% of its overall operating revenue for the quarter. The fashion segment produced Rs 287 crore, making up 10% of total operating revenue, while other segments contributed Rs 19 crore.
Expenditure Analysis
For Nykaa, the cost of materials consumed was the biggest expense, comprising 56.64% of total spending. This expense escalated by 25.7% to Rs 1,624 crore in Q2 FY27, up from Rs 1,292 crore in the same quarter of the previous fiscal year. Employee benefit expenses rose by 20% to Rs 220 crore, and depreciation costs also saw an increase of 18% to Rs 93 crore. On the other hand, finance costs dipped by 3% to Rs 30.52 crore. Additional expenses, which encompass marketing, technology, and various overheads, surged by 26% to Rs 899 crore.
Overall Financial Performance
Nykaa’s total expenses grew by 25% to Rs 2,867 crore in Q2 FY27, compared to Rs 2,298 crore in Q2 FY26. The rise in operating revenue alongside a slower growth in expenses facilitated an improvement in profitability for Nykaa. The company’s net profit tripled to Rs 101 crore in Q2 FY27, compared to Rs 33 crore in the equivalent quarter of the previous fiscal year.
Half-Year Results
On a half-yearly scale, Nykaa’s revenue from operations amplified by 28.6% to reach Rs 5,788 crore in H1 FY27, up from Rs 4,501 crore in H1 FY26. The net profit also soared, increasing by 214.8% to Rs 181 crore during the first half of FY27, compared to Rs 57.5 crore in the corresponding period last fiscal year.
Current Stock Performance
As of the end of today’s trading session, Nykaa’s stock was valued at Rs 355.10, providing the company a market capitalization of Rs 1,01,410 crore.