Mumbai, Jan. 21 -- Revenue from operations marginally rose 0.71% year on year (YoY) to Rs 1,320.85 crore in Q3 FY26.

The company posted a GAAP EBITDA of Rs 234 crore in Q3 FY26, down from Rs 262 crore in Q3 FY25. Non-GAAP EBITDA for the December 2025 quarter stood at Rs 70 crore, reflecting a 36% YoY decline. The GAAP gross margin came in at 39.4% in Q3 FY26, slightly lower than the 40.7% recorded in Q3 FY25.

The average transaction value (ATV) and average selling price (ASP) both rose 7% year-on-year in Q3 FY26.

During the quarter, premium brands contributed 69% of total sales, up 6% year-on-year, with like-for-like (LFL) growth also at 6%.

In Q3 FY26, core business sales stood at Rs 1,516 crore, remaining flat year-on-year. Beauty s...