FSN E-Commerce Ventures Limited — Updates, 10-02-2025: Press Release

Nykaa has delivered impressive results for Q3 FY25, showcasing a solid revenue growth of 27% YoY, totaling Rs. 22,672 million. Consolidated Gross Merchandise Value (GMV) also increased by 25% YoY, reaching Rs. 45,279 million. Profitability saw notable improvement, with Net Profit rising 51% YoY to Rs. 264 million and EBITDA growing 42% to Rs. 1,408 million.

The Beauty Vertical was the standout performer, growing 32% YoY and generating a GMV of Rs. 33,899 million, bolstered by an expanding customer base and new brand launches. Nykaa’s offline network increased to 221 stores, enhancing overall productivity. The Fashion segment saw a revenue increase of 21% YoY, with particular success driven by strategic marketing events like ‘Nykaaland’ and ‘Nykaa Wali Shaadi.’

Overall, Nykaa's results reflect a strong growth trajectory and expanding market presence, presenting a positive outlook for investors amidst increasing competition in the beauty and fashion sectors.