Nykaa, the beauty and personal care marketplace, reported a 66% increase in net profit to Rs 12.97 crore in Q2 of FY25.
FSN E-commerce Venture, the parent company of Nykaa, recorded a 24% rise in operating revenue at Rs 1,874.7 crore.
The company achieved a 24% growth in gross merchandise value (GMV) at Rs 3,652 crore during the quarter.
Nykaa's beauty vertical saw a 24% increase in revenue, driven by strong performance across omnichannel retail businesses, owned brands, and eB2B distribution.