India, Aug. 13 -- "Nykaa's strong growth momentum continues with this quarter with GMV coming 26% YoY growth and GMV at INR 4,182 Cr." That was the opening statement of Nykaa's Executive Chairperson, MD & CEO of Falguni Nayar on the analyst call after the company's Q1 FY26 financial results were out.

At a cursory glance, the company's financial performance has improved on a year-on-year basis. The Mumbai-based BPC major's net profit zoomed nearly 80% to INR 24.5 Cr from INR 13.6 Cr a year earlier.

Concerning the revenue, the company's operating revenue increased by 23% to INR 2,155 Cr on a YoY basis. Even on a sequential basis, the company's topline increased by 5%.

With the growing revenue, the company also managed to improve its EBIT...