India
Nykaa reported a 28% drop in net profit for Q4 FY25, posting Rs 19.05 crore compared to Rs 26.41 crore in the previous quarter. Its total income also fell 8.89% to Rs 2,070 crore, and revenue from operations declined by 9.08%. However, total expenses also reduced by 8.8% during the quarter.
Despite the quarterly dip, Nykaa’s overall performance in FY25 showed growth. Its consolidated gross merchandise value (GMV) rose 25% year-on-year to Rs 15,604 crore. The beauty segment alone contributed Rs 11,775 crore to GMV, marking a 30% yearly rise. Nykaa’s offline presence now spans 237 stores in 79 cities, with 50 stores added in FY25—their biggest retail expansion yet.
The beauty vertical showed strong results, with EBITDA margins rising to 9.6%, the best in eight quarters. Nykaa also grew its customer base to over 34 million. Additionally, the board approved a new secretarial auditor for five years.
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