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1 Minute-Read

Zee sues Reliance–Disney, Nykaa over music use

Alleges unauthorised use of songs in streaming and Instagram promotions.

Zee Entertainment has filed separate copyright cases against Reliance–Disney joint venture and Nykaa, alleging unauthorised use of its music without valid licences.

In the Reliance–Disney case, Zee claims its songs were used on streaming and broadcast platforms even after agreements expired. It is seeking damages of about $3 million for multiple alleged violations.

In a second case, Zee has accused Nykaa of using its songs in Instagram promotional reels without permission. It has sought around ₹2 crore in damages. Nykaa has removed the content, while both matters are pending in court.

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Beyond

Zee sues Nykaa over alleged Instagram music copyright misuse

Zee Entertainment has filed a copyright infringement case against Nykaa, accusing the beauty and fashion retailer of using its copyrighted songs without permission in Instagram promotional reels.

According to Zee’s petition in the Delhi High Court, several Nykaa marketing videos used Zee-owned music tracks to promote products on social media. Zee argues that while Instagram users can access its music through platform licensing with Meta, commercial brands must obtain separate permissions for advertising use.

The complaint identifies around a dozen reels where the songs were allegedly used without authorization. Zee is seeking damages of about $210,000 (approximately ₹2 crore) and has also requested broader court protection to prevent future misuse of its music in advertising content.

Nykaa informed the court that it has already removed the disputed reels after receiving notice of the claim. However, Zee maintains that removal alone is not enough and is pushing for stronger safeguards against repeated violations.

The dispute highlights increasing legal tension around the use of copyrighted music in short-form digital advertising, especially on platforms like Instagram where music is easily integrated into promotional content.

The case is ongoing in the Delhi High Court.

Also Read: Tata Trust rift deepens as two trustees exit

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Corporate

Nykaa shares jump 8% after strong Q2 earnings

Nykaa, India’s leading beauty and fashion e‑commerce platform, saw its shares climb 8% to ₹265.30 on Monday after reporting strong Q2 results. The surge lifted its market capitalization above ₹75,000 crore.

For the quarter ending September 30, 2025, Nykaa posted a net profit of ₹34.4 crore, up 243% from the same period last year. Revenue rose 25.1% year-on-year to ₹2,346 crore. EBITDA increased 52% to ₹158 crore, with margins expanding to 6.7%. The company’s Gross Merchandise Value (GMV) grew 30% to ₹4,744 crore, led by a 28% rise in beauty GMV, a revival in fashion, and a 54% increase in the “House of Nykaa” portfolio of owned brands.

Nykaa’s beauty segment continues to be the main growth driver, while a recovering fashion business provides additional upside. Investors will need to weigh the strong quarterly performance against high valuations and competition when deciding to buy, hold, or sell the stock.

Also Read: Lenskart lists at ₹390–₹395, below ₹402 IPO

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1 Minute-Read

Nykaa Q2 Profit Soars 243%, Revenue Up 25%

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.