EL7.AI
StocksMedium•5 November 2026•
1 min read

Nykaa Shares Drop 2% Despite 200% Surge in Q2 Net Profit

Key Facts

1Nykaa's consolidated net profit rose over 200% to approximately ₹101 crore in the second quarter.
2Consolidated revenue from operations grew by 28% to ₹3,006 crore during the quarter ended September 30, 2026.

Nykaa's stock price fell by 2% following the release of its second-quarter financial results, despite the company reporting a significant consolidated net profit increase of over 200%. Business Standard reported that net profit reached approximately ₹101 crore for the quarter ended September 30, 2026, up from approximately ₹33 crore in the same period a year ago.

Consolidated revenue from operations grew by 28% to ₹3,006 crore, supported by the Beauty vertical's gross merchandise value (GMV) reaching ₹4,454 crore. According to exchange data, the stock saw heavy trading volume with approximately 21 million shares changing hands, as the market reacted negatively to results that failed to impress investors despite a 65% surge in EBITDA to ₹263 crore.