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Revenue from operations rose by 29% year-on-year (YoY) to Rs 2,782 crore during the period under review.
For the June'26 quarter, fulfilment expenses added up to Rs 274 crore (up 35% YoY) and marketing and selling and distribution (S&D) expenses aggregated to Rs 412 crore (up 26% YoY).
While EBITDA improved by 68% to Rs 236 crore, EBITDA margin expanded by 196 basis points to 8.5% in Q1 FY27 over Q1 FY26.
Profit before tax in Q1 FY27 stood at Rs 129 crore, up 195% from Rs 44 crore in Q1 FY26.
Nykaa's fashion business GMV has risen by 53% YoY to Rs 1,471 crore and net sales value (NSV) increased by 54% to Rs 451 crore. The beauty vertical has delivered 29% NSV growth, supported by premium brand launches and retail expansion.
The company said it continued expanding its omnichannel presence during the quarter, taking its beauty retail network to 324 stores across 105 cities, while total retail space increased 29% YoY to 3.3 lakh square feet. Its quick-commerce service Nykaa Now has expanded to 13 cities and is expected to reach more than 25 cities by the end of FY27.
Nykaa further said that its owned brands portfolio continued to gain traction, reaching an annualised GMV run rate of around Rs 3,758 crore. The portfolio, which includes brands such as Kay Beauty and Dot & Key, grew NSV 36% YoY to Rs 550 crore during the quarter.
Falguni Nayar, executive chairperson, founder and CEO of Nykaa, said: 'This quarter marked continued acceleration in our growth momentum and EBITDA margins, both reaching their highest levels in the last 12 quarters.
Our platform featured exciting new brand launches like Rare beauty, one of the world’s largest celebrity beauty brands, already among the top 5 premium brands at Nykaa, SK-II, a Japanese high efficacy brand, and Judydoll, among our first Chinese beauty brands which is witnessing strong early traction among consumers.
This also marks our first full quarter of operating nike.in in India, which has led to meaningful increase to our already growing fashion business.
Our AI-led initiatives are beginning to create meaningful consumer experiences, with Virtual Closet already driving 2x higher conversion and AskNykaa, our conversational search engine, emerging as a trusted beauty advisor on the platform.'
Separately, FSN E-Commerce Ventures has announced the acquisition of a 51% majority stake in Aminu Wellness (Aminu), a premium dermocosmetic skincare brand.
Founded in 2019 by Prachi Bhandari, a clinical cosmetologist and aesthetician, and Aman Mohunta, co-founder and business lead, the brand has been bootstrapped since inception, scaled 8x over the last three years, and is now profitable. It had recorded revenue of Rs 19.44 crore in FY26.
The acquisition is a natural extension of Nykaa’s innovation-led, consumer-first approach. Post the acquisition, the founders will continue to run the business and drive its growth trajectory in partnership with Nykaa.
The aforementioned stake is being acquired for a total consideration of Rs 32 crore. Nykaa will acquire the remaining stake over the next few years on pre-agreed terms.
FSN E-Commerce Ventures (Nykaa) journey began in 2012 as a digital-first, consumer tech beauty company. It has expanded its offerings to include fashion and B2B, launching platforms such as Nykaa Fashion, Nykaa Man, and Nykaa Superstore.
The scrip fell 3.32% to currently trade at Rs 333.35 on the BSE.
Nykaa said it currently serves 55 million consumers across beauty, fashion, wellness and related categories, with its addressable lifestyle market exceeding $100 billion. Over the last six years, the company's overall GMV has expanded more than sevenfold, driven by strong growth across its beauty, fashion and owned-brand businesses.
The beauty business, which exited FY26 with GMV of around Rs 15,000 crore, aims to grow GMV by 2-3 times by FY30, expand its consumer base to 100 million and increase its retail footprint to more than 600 stores from its current network.
Nykaa Fashion, which reported FY26 GMV of Rs 4,954 crore, is targeting 3-3.5 times GMV growth by FY30 with potential high single-digit EBITDA margins and progressing towards 10%+ steady-state profitability. The company plans to strengthen its premium fashion positioning and expand further across lifestyle categories.
House of Nykaa, the company's portfolio of beauty brands, is aiming to surpass Rs 5,000 crore in net sales value by FY30, supported by new product launches, premiumisation and expansion into high-growth categories. The segment recorded GMV of Rs 2,788 crore in FY26.
Meanwhile, Superstore by Nykaa, the company's B2B distribution platform, plans to cross Rs 3,500 crore GMV by FY30 and expand its retailer network to more than one million retailers across India.
Founder and CEO Falguni Nayar said rising affluence, digital adoption and evolving consumer aspirations are expected to drive India's lifestyle economy over the next decade. She also highlighted wellness and artificial intelligence as key growth drivers, with the company planning to embed AI across discovery, personalisation, merchandising and operations.
Nykaa is a consumer technology-led beauty and lifestyle company founded in 2012. The company has expanded from beauty into fashion and B2B businesses through platforms such as Nykaa Fashion, Nykaa Man and Nykaa Superstore, while also entering the Middle East through Nysaa. As of 31 March 2026, Nykaa served over 55 million customers through its online platforms and 331 offline stores. It owns a portfolio of beauty and fashion brands and partners with several global brands to help them enter and expand in India.
On a consolidated basis, FSN E-Commerce Ventures' net profit surged 286.49% to Rs 78.38 crore while net sales rose 28.44% to Rs 2648.17 crore in Q4 March 2026 over Q4 March 2025.
Consumer durables, IT and media shars advanced while metal, realty and auto shares declined.
At 09:25 IST, the barometer index, the S&P BSE Sensex advanced 58.36 points or 0.08% to 76,866.84. The Nifty 50 index jumped 19.05 points or 0.08% to 24,011.40.
In the broader market, the BSE 150 MidCap Index gained 0.09% and the BSE 250 SmallCap Index added 0.36%.
The market breadth was strong. On the BSE, 1,820 shares rose and 1,032 shares fell. A total of 163 shares were unchanged.
Foreign portfolio investors (FPIs) sold shares worth Rs 749.18 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 0.06 crore in the Indian equity market on 16 June 2026, provisional data showed.
Numbers to Track:
The yield on India's 10-year benchmark federal paper shed 0.12% to 6.858 compared with previous session close of 6.866.
In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 94.3900 compared with its close of 94.6000 during the previous trading session.
MCX Gold futures for 5 August 2026 settlement shed 0.20% to Rs 152,792.
The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.01% to 99.53.
The United States 10-year bond yield rose 0.16% to 4.428.
In the commodities market, Brent crude for August 2026 settlement fell 20 cents or 0.25% to $78.76 a barrel.
Stocks in Spotlight:
Wipro advanced 1.26% after the company announced the launch of its Applied AI Center of Excellence (CoE) for Claude models powered by Anthropic, reinforcing its commitment to accelerating enterprise AI adoption and impact. The CoE, a key initiative under the company's AI-Native Business & Platforms Unit, is aimed at scaling enterprise AI adoption and embedding AI capabilities into core business workflows across industries.
Nykaa added 2.33% after the company announced a partnership with OpenAI to enhance shopping experiences through artificial intelligence and enable users to access its product catalogue directly via ChatGPT. The collaboration aims to improve product discovery and customer engagement through AI-powered solutions.
Bharat Forge shed 0.08%. The company announced that its subsidiary, Kalyani Strategic Systems (KSSL), in collaboration with Paramount, showcased the Simha 4x4, a next-generation light armoured multi-purpose vehicle, at Eurosatory 2026.
Global Markets:
Asia markets traded mostly lower Wednesday as traders looked ahead to the US central bank’s interest rate decision.
Wednesday’s Federal Open Market Committee meeting marks the first one with new Chairman Kevin Warsh at the helm of the U.S. central bank. Investors are largely expecting that the Fed will keep interest rates unchanged at a target range of 3.5% to 3.75%.
Meanwhile, Japan’s exports in May grew at their fastest pace since November 2022, rising 17% year on year, driven by robust demand for cars and semiconductors. Growth was higher than the 16.2% figure that was widely reported in the media, and up from the 14.8% in April.
Overnight on Wall Street, the Dow Jones Industrial Average rose to a record high on Tuesday as investors rotated out of chipmakers and into cyclical stocks amid declining oil prices.
The 30-stock index advanced 328.64 points, or 0.64%, for a record close of 51,999.67. It scored a new all-time intraday high of 52,190.29 in the session. The S&P 500 fell 0.57% and ended at 7,511.35, while the Nasdaq Composite pulled back 1.15% to 26,376.34.
For the full year,net profit rose 201.82% to Rs 199.44 crore in the year ended March 2026 as against Rs 66.08 crore during the previous year ended March 2025. Sales rose 26.07% to Rs 10022.35 crore in the year ended March 2026 as against Rs 7949.82 crore during the previous year ended March 2025.