Nykaa reports 27% growth in gross merchandise value, net profit surges 110% in Q4

Net profit grew 81% to ₹72 crore in FY25
| Photo Credit:
Balaji W S 463@Chennai

FSN E-Commerce Ventures (Nykaa) reported strong fourth-quarter results with gross merchandise value (GMV) rising 27 per cent year-on-year to ₹4,102 crore for the quarter ended March 31, 2025. Net profit jumped 110 per cent to ₹19 crore.

The beauty e-commerce platform’s revenue from operations grew 24 per cent to ₹2,062 crore in Q4, while EBITDA expanded 43 per cent to ₹133 crore. EBITDA margin improved to 6.5 per cent from 5.6 per cent in the same quarter last year.

For fiscal 2025, consolidated GMV increased 25 per cent to ₹15,604 crore, with revenue rising 24 per cent to ₹7,950 crore. Annual net profit grew 81 per cent to ₹72 crore.

The beauty vertical drove growth with GMV of ₹11,775 crore for FY25, up 30 per cent. Nykaa added 50 physical stores during the year, expanding its retail network to 237 stores across 79 cities. The company’s owned beauty brands collectively generated around ₹1,700 crore in GMV.

Nykaa Fashion posted 18 per cent GMV growth in Q4 in a challenging year. The company also received regulatory approvals for restructuring its eB2B business and merging content platform LBB into its fashion division.

The Mumbai-based company serves over 42 million customers across online and offline channels.

The shares of FSN E-Commerce Ventures (Nykaa) ended at ₹200.80 on the NSE today, down by ₹3.71 or 1.81 per cent.

Published on May 30, 2025