Urgent.News

What's breaking now, across thousands of outlets.

Business

Nykaa Q1: Profit Surges Over 3X YoY To ₹79.8 Cr

Beauty and personal care (BPC) major Nykaa reported an over 3X jump in its consolidated net profit for Q1 FY27…

Nykaa Q1: Profit Surges Over 3X YoY To ₹79.8 Cr

Nykaa, a leading beauty and personal care brand, reported a significant surge in its consolidated net profit for the first quarter of fiscal year 2027, reaching ₹79.8 crore, up from ₹24.8 crore in the same period last year. The company's operating revenue also saw a notable increase of 29% year-over-year and 5% quarter-over-quarter, reaching ₹2,782 crore.

Despite an overall rise in total expenses by 26% YoY to ₹2,662.2 crore, the company's total income, including other income of ₹9.3 crore, amounted to ₹2,791.3 crore. Furthermore, Nykaa's board approved the acquisition of a 51% stake in D2C skincare brand Aminu Wellness for ₹32 crore, a company founded in 2019 by Prachi Bhandari.

Brief written by urgent.news from Inc42's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at inc42.com →

More in Business

The future of private investment platforms: Raising capital is only the beginning

In the first article in this series, we explored why founders should think of fundraising as a capital strategy rather than simply a way of financing growth.

  • Innovation, technology, and investor attention drive private investment platforms' evolution.
  • Platforms must simplify admin, improve communication, and enhance shareholder experience.
  • Successful platforms become ecosystems, leveraging AI as "Assisted Intelligence."

More from Tuesday 4 August →