Nykaa Q3 Results 2025 LIVE Updates: FSN E-Commerce Ventures, the parent company of beauty and fashion retailer Nykaa, is set to deliver its Q3 results today. Nykaa is expected to report a decent earnings growth during the third quarter of FY25. The company is likely to see improvement in earnings both sequentially and on a year-on-year (YoY) basis. Nykaa is anticipated to deliver 27% YoY and 22% QoQ growth in Q3FY25 revenue. The company’s net profit is expected to more than double YoY, according to analysts. The company’s overall GMV (gross merchandise value) growth is estimated at 27%. The BPC (Beauty and Personal Care) segment is likely to deliver strong performance driven by festive period tailwinds. The fashion business’ GMV is also expected to see a growth during the festive season, leading to a slight improvement in EBITDA margin. In its Q3FY25 revenue update, Nykaa reported low-thirties YoY growth in the BPC segment while also highlighting that eB2B now accounts for 8% of BPC GMV. Stay tuned to our Nykaa Q3 Results 2025 LIVE blog for the latest updates:
Nykaa Q3 Results LIVE: JM Financial sees 2.3x YoY rise in Q3 PAT for Nykaa
Nykaa Q3 Results LIVE: Nykaa GMV seen growing 25.4% YoY o ₹3,618 crore while revenue could rise 27.4% YoY to ₹1789 crore, according to JM Financial’s estimates. We expect PAT to grow ~2.3x YoY to ₹37.1 crore, the brokerage said.
Here’s a look at its estimates:
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Nykaa Q3 Results LIVE: Nykaa incorporates new subsidiary
Nykaa Q3 Results LIVE: Nessa International Holdings, a stepdown subsidiary of Nykaa, has incorporated a new Wholly Owned Subsidiary in Oman, by the name Nysaa Cosmetics SPC.
Nykaa Q3 Results LIVE: Key things to track in management commentary
Nykaa Q3 Results LIVE: Management’s commentary on industry trends in BPC/Fashion, the competitive landscape, continued supply chain investments, and international expansion plans should be keenly watched, says JM Financial.
Nykaa Q3 Results LIVE: Nuvama’s estimates on Nykaa’s Q3 PAT & revenue growth
Nykaa Q3 Results LIVE: Nuvama Research sees 27% jump in Q3 revenue to ₹2272 crore while adjusted PAT could grow 32% to ₹24 crore.
“We expect 31%/20% YoY growth in BPC/Fashion GMV. Overall, revenue is likely to increase 27.0% YoY to INR22.7bn. We estimate a slight improvement in EBITDA margin to 5.6% in Q3FY25,” it said.
Nykaa Q3 Results LIVE: Nykaa share price trades lower ahead of Q3 results 2025 today
Nykaa Q3 Results LIVE: Nykaa share price was trading 1.45% lower at ₹171 apiece ahead of the Q3 results today. The company is expected to report a multifold increase in Q3 PAT.
Nykaa Q3 Results LIVE: Kotak Institutional Equities shares EBITDA, GMV and PAT expectations for Q3
Nykaa Q3 Results LIVE: For NYKAA, Kotak Institutional Equities has modelled overall GMV/revenue growth of 27/27% YoY, primarily driven by BPC GMV/revenue growth of 32/28% yoy and fashion business GMV/revenue growth of 1/21% yoy. These growth assumptions are broadly aligned with Nykaa’s 3QFY25 business update. Fashion business GMV growth is impacted on account of weakness in premium-wear demand. BPC, however, should post strong performance, driven by customer acquisition and festive period tailwinds.
“We expect EBITDA margin of 6.9%, implying expansion of 140 bps yoy and 140 bps qoq. We believe operating leverage in BPC and lower losses in Fashion should drive margin expansion,” the brokerage said.
Meanwhile, it sees Q3 PAT at ₹429 crore, a growth of 164% YoY.
Nykaa Q3 Results LIVE: Nykaa Fashion gaining market share, says JM Financial
In its 3QFY25 revenue update, it reported low-thirties YoY growth in the BPC segment, while highlighting that eB2B now accounts for 8% of BPC GMV.
“Our triangulation for core BPC YoY growth suggests that it would roughly fall in the 27-29% range. Such feisty growth, despite the narrative of quick commerce (QC) likely hindering Nykaa, goes a long way in confirming that QC solves for a different use case and revalidates our thesis that BPC rise in QC is unlikely to come at the cost of Nykaa,” JM Financial said.
Our channel checks suggest that Nykaa Fashion, despite reporting muted growth, is still gaining market share, the brokerage added.
Nykaa Q3 Results LIVE: Nykaa set to announce Q3 results today
Nykaa Q3 Results LIVE: FSN E-Commerce Ventures, the parent company of beauty and fashion retailer Nykaa, is set to deliver its Q3 results today.
