EBITDA grew 29% to Rs 103.7 crore during the quarter as compared with Rs 80.6 crore in Q2 FY24. EBITDA margin rose by 18 bps to Rs 5.5% in Q2 FY25 as against 5.4% in Q2 FY24.

During the quarter, consolidated GMV grew 24% YoY to Rs 3,652.5 crore.

The beauty vertical recorded a 29% YoY GMV growth, reaching Rs 2,783.3 crore in Q2 FY2025. This was fuelled by new customer acquisition growth of 31% YoY, bringing Nykaa's cumulative beauty customer base to 30 million.

The company now operates India’s largest beauty retail network of 210 physical stores spanning 72 cities. There was around 25% YoY growth in retail space, including two new flagship stores launched in Mumbai and Delhi.

The company’s beauty-owned brands reported 48% YoY GMV growth in Q2 FY2025, reaching Rs 360.2 crore. It recently expanded its ownership stake in Dot & Key and Earth Rhythm and also expanded its innovative and industry-leading product portfolio in Kay Beauty, Nykaa Cosmetics, Wanderlust and more, driving significant growth in the quarter.

Nykaa’s distribution business Superstore by Nykaa continues to see strong GMV growth of 80% YoY as it continues to expand its operations across the country.

Nykaa Fashion witnessed a healthy revenue growth of 22% YoY in Q2 FY25. GMV grew 10% YoY, with ‘First in Fashion’, representing new season sales, growing 26% YoY showcasing strong demand in targeted segments.

Meanwhile, the company’s step-down subsidiary, Nessa International Holdings has incorporated a new Wholly Owned Subsidiary in Jebel Ali Free Zone, Dubai, United Arab Emirates by the name ‘Nysaa Distribution FZE, a Free Zone Establishment with limited liability.

Nykaa (FSN E-Commerce) is one of India's leading lifestyle-focused consumer technologies platforms. Since its launch, Nykaa expanded its product categories by introducing online platforms Nykaa Fashion, Nykaa Man, and Superstore. Delivering a comprehensive omnichannel e-commerce experience, Nykaa offers over 6,000 brands through its website and mobile applications.