Beauty and fashion firm FSN E-commerce Ventures, which operates Nykaa , recorded a 154% jump in profit after tax (PAT) to Rs 33 crore for the second quarter of FY26 compared with Rs 13 crore in the year-ago period. PAT, however, missed Bloomberg estimates of Rs 38 crore.
Revenue from operations stood at Rs 2,346 crore, up 28% from Rs 1,875 crore in the second quarter of FY25, marginally beating Street estimates of Rs 2,340 crore. Earnings before interest, taxation, depreciation and amortisation (Ebitda) was in line with Bloomberg estimates of Ras 159 crore, and was up 53% year-on-year. Ebitda margin was 6.8%, up 125 basis points, while PAT margin increased 71 basis points year-on-year at 1.4%.
The firm, which took Kay Beauty, a part of its owned portfolio, international last quarter, w

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