Nykaa reports strong Q2 FY26 growth, Falguni Nayar reappointed

Nykaa announced strong Q2 FY2026 performance with consolidated net revenue rising 25% year-over-year to INR 2,346 crore and profit after tax increasing 154% year-over-year to INR 33 crore. Consolidated gross merchandise value grew 30% to INR 4,744 crore, driven by beauty and fashion segments. The company's EBITDA grew 53% year-over-year to INR 159 crore, with EBITDA margins expanding to 6.8% in Q2 FY2026 from 5.5% in Q2 FY2025, marking its highest since IPO.

In addition to financial results, Nykaa announced the re-appointment of Falguni Nayar as executive chairperson, managing director, and chief executive officer for a five-year term, effective February 12, 2026, subject to shareholder approval. The company also released its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025.

These filings emphasize Nykaa's continued focus on profitable and sustainable growth, expansion of its specialized beauty retail network, and strong traction in its core platform businesses.