Nykaa Fashion posts robust FY26 profit growth, fuels beauty arm's customer acquisition with no slowdown
Nykaa Fashion clocked Rs 2,100 crore GMV in FY25 and continues to drive customer acquisition for the beauty business. H&M launches in November, House of Brands expands, and Adwaita Nayar is reappointed Executive Director. Reliance counters with Ajio Rush against Myntra.
Nykaa Fashion drives customer acquisition for beauty arm with robust FY26 quarterly profit growth and no slowdown. H&M launches November, House of Brands expands, Adwaita Nayar reappointed Executive Director; Reliance launches Ajio Rush to compete with Myntra.
Why this matters
Builds on Nykaa Fashion's in-house brands crossing Rs 2,100 cr GMV and its pivot to a customer acquisition engine for the beauty parent, following 30% GMV growth to Rs 4,954 cr and positive Q4 Ebitda margin.
Retail-company signals are accelerating, up 415600% QoQ.