Nykaa Q4 profit quadruples to ₹78 cr, as earlier flagged
The earnings were pre-empted by a business update; only new item is a ₹9.4 cr minority stake buy in Earth Rhythm.
— 6 earlier stories on FSN E-Commerce Ventures Ltd. →What's new
- Q4 net profit surged to ₹78 cr from ₹20 cr YoY; revenue up 28%.
- The numbers were already disclosed in the earlier business update.
- Board exercised call option to buy 24.17% of Earth Rhythm for ₹9.4 cr.
Why this matters
The quarterly results contain no surprise for the market, as the key metrics were pre-announced. The additional acquisition is negligible for Nykaa's scale, representing 0.012% of its market cap. This filing is purely procedural.
What we're watching
- No new catalysts from this filing; focus remains on the company's growth trajectory.
- The Earth Rhythm deal is too small to materially impact financials.
The full read
Nykaa's Q4 FY26 earnings confirm what the business update already revealed: revenue grew 28% YoY and net profit attributable to parent jumped from ₹20.28 crore to ₹78.38 crore. The only fresh item is the exercise of a call option to buy a 24.17% stake in Earth Rhythm Private Limited for up to ₹9.4 crore—an amount so small (0.012% of market cap) that it barely registers for a large-cap company. Investors looking for a reason to revisit their Nykaa thesis will not find it here. This filing is a rubber stamp on known numbers and a footnote-sized acquisition.
FSN E-Commerce Ventures Ltd.
Latest quarter · Mar 2026
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All notes on NYKAA →- 21 May 2026 · 4:13 PM IST Nykaa Q4 profit quadruples to ₹78 cr, as earlier flagged
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