Nykaa is expected to deliver robust financial performance in its third quarter results, according to earnings estimates released by ICICI Securities for the October-December period. The brokerage house has projected significant growth across key financial metrics, indicating strong momentum for the beauty and fashion retailer.

Financial Performance Projections

ICICI Securities' estimates paint a positive picture for Nykaa's Q3 performance, with substantial improvements expected across profitability and revenue metrics.

Revenue Growth Outlook

The brokerage expects Nykaa's net sales to reach ₹2,870 crore for the quarter, representing a 26.6% year-on-year increase. The sequential quarter growth of 22.3% suggests sustained business momentum and strong demand across the company's product categories. This revenue projection indicates continued market expansion and customer acquisition efforts bearing fruit.

Profitability Surge

The most striking projection is the expected surge in net profit to ₹53.7 crore, marking a remarkable 105.7% year-on-year growth. The 56% quarter-on-quarter increase further demonstrates the company's improving profitability trajectory. This substantial profit growth suggests enhanced operational efficiency and better margin management.

Operational Efficiency Indicators

Earnings before interest, tax, depreciation and amortisation (EBITDA) are projected to rise significantly to ₹195.2 crore, reflecting a 38.6% year-on-year increase. The 22.8% quarter-on-quarter growth in EBITDA indicates strong operational performance and effective cost management strategies. These estimates suggest the company is successfully scaling its operations while maintaining healthy margins across its business segments.

Nykaa has formally notified stock exchanges about an upcoming board meeting scheduled to review its quarterly financial performance. The beauty and fashion e-commerce platform will present its financial results for the third quarter of fiscal year 2026, marking a significant milestone in its corporate calendar.

Board Meeting Details

The company has scheduled the board meeting for February 5, 2026, where directors will deliberate on crucial financial matters. The meeting agenda encompasses comprehensive review of the company's performance metrics for the reporting period.

Financial Results Scope

The board will consider and approve unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. These results will provide comprehensive insights into the company's operational and financial performance during the specified period. The statutory auditors' report will accompany these financial statements, ensuring compliance with regulatory requirements.

Trading Window Restrictions

FSN E-Commerce Ventures Limited has implemented trading window closure as per regulatory compliance requirements. The restriction period demonstrates the company's adherence to Securities and Exchange Board of India guidelines regarding insider trading prevention.

Regulatory Compliance

The intimation has been submitted pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about board meetings where financial results will be considered. The notification was signed by Chetan Sharma, Company Secretary and Compliance Officer, on January 20, 2026.

Market Communication

The formal communication was addressed to both National Stock Exchange of India Limited and BSE Limited, ensuring comprehensive market notification. FSN E-Commerce Ventures Limited trades under the symbol NYKAA on NSE with scrip code 543384 on BSE. The company has requested stock exchanges to take this information on record for appropriate dissemination to market participants.