Outcome of Board Meeting held on May 21, 2026
NYKAA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
FSN E-Commerce Ventures (Nykaa) reported strong FY26 consolidated results with revenue growing 26% to Rs 10,022 crore from Rs 7,950 crore in FY25. Net profit surged 183% to Rs 204 crore from Rs 72 crore. Q4 standalone PAT was Rs 41 crore on total income of Rs 163 crore. The Board approved acquisition of an additional 24.17% stake in Earth Rhythm Private Limited (subsidiary) for up to Rs 9.4 crore. Exceptional items included Rs 19.34 crore arbitration award income, Rs 10.38 crore inventory theft loss, and Rs 16.36 crore impact from new Labour Codes. Auditors issued unmodified (clean) opinion on both consolidated and standalone financials. The Fashion segment continues to report losses at Rs 8.26 crore for Q4 and Rs 75.37 crore for FY26.
Strong profitability growth with PAT nearly tripling positions Nykaa positively for shareholders. The stake acquisition in Earth Rhythm shows continued consolidation strategy. However, Fashion segment losses and inventory theft incident may raise operational concerns.