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Nykaa's stock rises 3% on stellar Q2 profit

Business

Nykaa's stock climbed nearly 3% to ₹252.9 on Monday, after the company posted a massive 244% surge in profit for Q2 FY26, reaching ₹34.4 crore.
Revenue also rose 25% to ₹2,346 crore—showing the brand's strong growth streak.

Nykaa's fashion segment shines, boosting overall performance

Nykaa isn't just riding a beauty wave—its fashion segment is booming too, with GMV up 30%, including a standout 37% rise in fashion GMV.
Profit margins are improving, and big brokerages like Morgan Stanley and CLSA are upbeat about Nykaa's future, thanks to festive season buzz and events like Nykaaland.