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Nykaa’s profit triples to ₹101 crore in Q2, buys Simply Nam

Nykaa’s net profit more than tripled to ₹101 crore in the second quarter of FY27, while revenue grew 28% to ₹3,006 crore. The company also acquired an 82% stake in premium cosmetics brand Simply Nam and expanded its quick-commerce service, NYKAA Now, to 15 cities.

Editor, Lazyfounder

Published 3 min read

30 SEC SUMMARY

  • Nykaa’s net profit more than tripled to ₹101 crore in Q2 FY27, up 206% from the same period last year.
  • Revenue grew 28% to ₹3,006 crore, driven by a 42.9% jump in fashion sales and ₹4,454 crore in beauty gross merchandise value.
  • The company acquired an 82% stake in premium cosmetics brand Simply Nam to strengthen its high-end product lineup.
  • Quick-commerce service NYKAA Now now delivers in 15 cities within 30-60 minutes and plans to expand to 25 cities by the end of FY27.

Profit triples, revenue grows 28%

Nykaa posted a net profit of ₹101 crore in Q2 FY27, more than tripling its ₹33 crore profit from the same quarter last year. Revenue climbed 28% to ₹3,006 crore, according to YourStory.

Beauty and fashion lead growth

Beauty remained the core of Nykaa’s business, generating ₹4,454 crore in gross merchandise value. Fashion sales surged even faster—up 42.9% to ₹287.2 crore.

House of Nykaa, the company’s curated beauty platform, hit a ₹4,000 crore annualised GMV run rate and reported 36% growth in net sales value. Superstore by Nykaa, its B2B arm, added 27% more retailers year-on-year, bringing the total to over 550,000 and posting ₹328 crore in GMV.

Nykaa buys majority stake in Simply Nam

Nykaa took an 82% stake in Simply Nam, a premium cosmetics brand launched in 2020 by celebrity makeup artist Namrata Soni and venture studio Bozzil. The move aims to expand Nykaa’s high-end makeup offerings.

NYKAA Now expands to 15 cities

The company’s quick-commerce service, NYKAA Now, now delivers in 15 cities within 30 to 60 minutes. Launched in 2025, it plans to expand to 25 cities by the end of FY27.

NYKAA Now stocks over 1,000 marquee brands—twice the beauty selection of rivals. That depth pushes its average order value three times higher than typical quick-commerce platforms.

338 stores across 111 cities

Nykaa’s physical beauty retail footprint now spans 338 stores across 111 cities.

CEO highlights improved margins and growth potential

Falguni Nayar, Nykaa’s founder and CEO, attributed the quarter’s results to strong performance across all segments. She highlighted improved operational efficiency, particularly in marketing and overhead costs. "Beauty and Fashion are seeing accelerated growth, while House of Nykaa and Wellness offer significant runway for long-term growth," she told YourStory.

What this means

Lazyfounder analysis — our interpretation, not reported fact.

Nykaa’s latest results show it is using its profits to outpace rivals on two fronts: expanding its premium beauty portfolio with a celebrity-backed brand and rolling out faster delivery in India’s largest cities. The moves make it harder for competitors to match its reach or margins.

Key takeaways

  • Beauty and fashion sales outpaced overall revenue growth, with fashion up 42.9% and beauty GMV reaching ₹4,454 crore.
  • Simply Nam’s acquisition adds a high-margin, celebrity-backed brand to Nykaa’s portfolio.
  • NYKAA Now’s average order value is three times higher than typical quick-commerce platforms, proving shoppers will pay more for curated beauty products.
  • Nykaa’s offline presence grew to 338 stores across 111 cities, while NYKAA Now’s expansion to 25 cities cements its lead in speed and selection.

Sources

  1. YourStory · 2026-11-04
    Nykaa's PAT soars 206% in Q2FY27 as beauty, quick commerce arm deliver strong performance

This story is an original summary drafted with AI by Lazyfounder from the reporting listed above and checked by automated validation. Facts are attributed to their original publishers; sections marked as analysis are Lazyfounder's. Where a source is in another language, facts were machine-translated and quotations are reported, not reproduced. Read the original coverage via the links, and see our AI policy and corrections policy.

About the author

Editor, Lazyfounder

Tarun Mottlia edits LazyFounders, covering Indian startups, funding rounds, AI and product launches. Every story on the site is AI-assisted and checked against its cited sources before publication.

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