FSN E-Commerce Ventures, which operates beauty and lifestyle brand Nykaa, reported a 243% rise in consolidated net profit to ₹34 crore for the September quarter, compared to ₹10 crore in the same period last year.
Revenue from operations grew 25% to ₹2,346 crore from ₹1,875 crore. Sequentially, profit was up 48% from ₹23 crore in Q1 FY26, while revenue rose 9%.
Gross profit stood at ₹1,054 crore, forming 50% of revenue and marking a 28% increase from a year earlier.
Nykaa said its gross margin was the highest in 12 quarters, driven by strong beauty and fashion sales.