PhysicsWallah, Lenskart, Nykaa post stellar profits
PhysicsWallah posted a record quarterly top-line and doubled its net profit in Q2FY27. Lenskart’s net profit too rose over two-fold year on year. Nykaa’s profit grew three times, and revenue rose 28% YoY.
Major Indian companies PhysicsWallah, Lenskart, and Nykaa reported their Q2FY27 results on Monday, showcasing impressive financial performances. PhysicsWallah and Lenskart both posted record quarterly top-lines, while Nykaa's net profit tripled. Lenskart's net profit doubled and revenue increased 36% YoY. Nykaa's profit surged threefold to Rs 101 crore, with revenue rising 28% YoY to Rs 3,006 crore.
The acquisition of an 82% stake in cosmetics brand Simply Nam is expected to expand Nykaa's premium makeup portfolio. Meanwhile, Nasdaq-listed SaaS company Freshworks reported a net profit of $18.3 million in Q2FY26, up from a loss of $4.7 million a year ago, with revenue growing 14% YoY to $245.4 million.
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- Nykaa, Lenskart, PhysicsWallah see Q2 profits surge economictimes.indiatimes.com
