India, Nov. 10 -- Nykaa is not giving up on fashion yet.
The listed beauty and personal care brand, primarily known for its beauty segment, has kept fashion on the back seat for a while. Until now.
Nykaa released its Q2 FY26 results and reported stellar performance with a 166% jump in its consolidated net profit to INR 33 Cr in the quarter under review, from INR 13 Cr in the same quarter last year.
Overall revenue surged 25% YoY and 9% QoQ to INR 2,346 Cr and there was a 53% YoY jump in EBITDA to INR 159 Cr (6.8% EBITDA Margin). And a bulk of this was due to the beauty segment. Fashion contributed less than 10% to the revenue this quarter, but its improving profitability could actually influence Nykaa's stock and direction going forwar...
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