Profit Surge and Revenue Expansion

In a testament to its robust operational prowess, Nykaa reported a remarkable 66% year-on-year surge in profits, reaching ₹13 crore, up from ₹7.8 crore during Q2 FY24. This surge underscores Nykaa's successful deployment of effective growth strategies within its core segments.

Moreover, Nykaa's revenue from operations witnessed a striking 24% year-on-year upswing, reaching ₹1,874.7 crore during Q2 FY25, showcasing a significant escalation from the previous ₹1,507 crore. This impressive revenue growth underlines Nykaa's burgeoning market influence in the e-commerce realm, propelled by burgeoning customer engagement and a diverse product portfolio spanning beauty, fashion, and wellness categories.

EBITDA Uptick and Operational Excellence

Nykaa also recorded a 29% year-on-year surge in its operating profit (EBITDA) to ₹103.7 crore, up from ₹80.6 crore in Q2 FY24. This surge signifies Nykaa's adeptness at sustaining robust profitability while efficiently managing costs. Furthermore, the company's EBITDA margin enhancement to 5.5% indicates improved operational efficiency and a commitment to sustainable business practices.

Segment Growth and Customer Outreach

Notably, Nykaa's beauty vertical experienced a 29% surge in Gross Merchandise Value (GMV), bolstered by a 31% rise in new customer acquisitions. With its cumulative beauty customer base now soaring to 3 crore, Nykaa's overall customer base has surpassed 3.7 crore, indicating sustained growth and enhanced market penetration.

Market Performance and Future Prospects

Despite Nykaa's impressive financial performance, its stock closed 1.73% lower at ₹179.35 on the day of the announcement. However, with a 4.52% increase in its stock value for the year 2024, investor confidence in Nykaa's promising growth trajectory remains evident.

In essence, Nykaa's Q2 FY25 achievements underscore its prominent market position and affirm its status as a dominant force in India's thriving e-commerce landscape, emphasizing its enduring commitment to empowering beauty and fashion enthusiasts across the nation.