Nykaa Q3 Results: PAT surges 61% YoY to Rs 26 crore, but misses estimates

Omnichannel fashion and beauty retailer Nykaa on Monday reported a 61% year-on-year (YoY) growth in its consolidated net profit to Rs 26.12 crore, which is below the Street estimate of Rs 36 crore.

Meanwhile, revenue was in line with expectations, rising 27% YoY to Rs 2,267 crore.

The company reported an EBITDA of Rs 141 crore for the October-December 2024 quarter, with margins for the same period standing at 6.2%. Both metrics were in line with expectations.

On a sequential basis, profit after tax (PAT) more than doubled from Rs 10 crore reported in the preceding September quarter.

However, revenues improved by 21% quarter-on-quarter (QoQ). Other income for the reporting third quarter fell to Rs 5.53 crore, compared to Rs 7.58 crore in the same quarter of the previous year.