The quarterly performance was supported by a 65% year-on-year rise in EBITDA to Rs 263 crore, with gross margins reaching 46%. Revenue from operations hit Rs 3,006 crore as the core beauty division recorded Rs 4,454 crore in gross merchandise value. The retailer also leveraged rapid expansion across physical and quick-delivery channels, growing its store count to 338 across 111 cities while planning to scale 30- to 60-minute fulfillment to over 25 cities.
Key points
Nykaa's proprietary brand portfolio, House of Nykaa, has officially crossed an annualised…: Nykaa's proprietary brand portfolio, House of Nykaa, has officially crossed an annualised gross merchandise value run rate of Rs 4,000 crore.
Quick delivery platform Nykaa Now plans to expand its 30- to 60-minute delivery services…: Quick delivery platform Nykaa Now plans to expand its 30- to 60-minute delivery services from 15 cities to more than 25 cities by the end of FY27.
Strategic investments continue with a planned 82% stake acquisition in Simply Nam and glo…: Strategic investments continue with a planned 82% stake acquisition in Simply Nam and global retail expansion for owned brands like Kay Beauty in the United Kingdom.
Sources checked by our analysis pipeline: 1
Revenue from operations rose 28% YoY to Rs 3,006 crore in Q2FY27, against Rs 2,346 crore reported in the same quarter a year ago.
The company's gross margin improved by 106 basis points (bps) YoY to 46% in the September quarter, compared with 44.9% in Q2FY26. The improvement was supported by a rising contribution from its House of Nykaa portfolio, along with an uptick in marketing income.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 65% YoY to Rs 263 crore in Q2FY27, from Rs 159 crore in the year-ago period. EBITDA margin expanded by 196 bps to 8.7%, compared with 6.8% in Q2FY26.
Beauty business records 28% NSV growth
Nykaa's beauty vertical reported a gross merchandise value (GMV) of Rs 4,454 crore in Q2FY27. The figure includes its e-commerce business, retail stores, eB2B distribution and House of Nykaa beauty portfolio.
Net sales value (NSV) growth in the beauty vertical stood at 28% YoY during the quarter, while EBITDA increased 51% YoY.
The company continued to strengthen its multi-brand beauty retail portfolio, launching more than 330 global, national and…
The online home-goods platform swung back to profitability behind its strongest operational quarter since the pandemic, defying persistent headwinds across the broader housing sector. Domestic momentum offset declining overseas revenue as expanding customer loyalty, physical store openings, and multi-tier pricing strategies fueled volume. This performance demonstrates that aggressive share gains can bolster margins even within a stagnant retail category.
The fast-food giant struggled to maintain domestic momentum as targeted affordability campaigns failed to sustain customer spending levels. This unexpected reversal signals growing headwinds for the chain as budget-oriented promotions could not prevent consumer pullbacks in its primary market. The performance interruption challenges recent strategies aimed at driving foot traffic and safeguarding restaurant revenues.