Nykaa Acquires 82% in Simply Nam for ₹33 Crore; Reports Q2 FY27 Results
Nykaa reported Q2 FY27 consolidated revenue of ₹3,006.04 crore and profit after tax of ₹101.19 crore. The company also approved acquiring an 82% stake in Simply Nam Beauty Private Limited for up to ₹33 crore.
The announcement includes financial results for the quarter and a significant strategic acquisition, both of which are material to the company's performance and future outlook.
The company reported strong financial results with increased revenue and profit. The acquisition of Simply Nam is a strategic positive development for the company's growth in the beauty sector.
FSN E-Commerce Ventures Limited (Nykaa) announced the outcome of its Board Meeting held on November 04, 2026. The Board approved the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026.
Consolidated revenue from operations for the quarter stood at ₹3,006.04 crore, a significant increase from ₹2,345.98 crore in the same period last year. Profit after tax for the quarter was ₹101.19 crore, up from ₹32.98 crore in Q2 FY26.
In a strategic move, the Board also approved the acquisition of an 82% equity stake in Simply Nam Beauty Private Limited for a consideration of up to ₹33 crore. This acquisition is expected to bolster Nykaa's beauty portfolio.
The meeting commenced at 11:22 a.m. and concluded at 03:44 p.m. IST.
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FSN E-Commerce Ventures Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by FSN E-Commerce Ventures Limited. Read the original for the full detail.