Nykaa Q1 profit more than triples as revenue climbs 29%; fashion business turns EBITDA positive

Nykaa has reported a strong financial performance for the first quarter, with its net profit more than tripling to ₹191 crore. This improvement comes alongside a 29% rise in revenue, driven by robust growth in its fashion and beauty segments. The company has also achieved a key milestone by turning its fashion business EBITDA positive, signaling improved operational efficiency and better cost management.

For investors, this result highlights Nykaa's ability to scale its business while improving profitability. The positive EBITDA in the fashion vertical is particularly encouraging, as it suggests the company is moving toward sustainable growth. This performance reinforces the stock's appeal to long-term investors looking for consistent delivery in the competitive retail space.

Going forward, investors should monitor the company's ability to sustain this momentum. Key areas to watch include the pace of new store openings, the impact of festive season demand, and any strategic moves in the beauty category. These factors will be crucial in determining if the current growth trajectory can be maintained in the coming quarters.