{"url":"https://newsforagent.com/news/2026-11-12/nykaa-honasa-lenskart-q2-revenue-growth","markdown_url":"https://newsforagent.com/news/2026-11-12/nykaa-honasa-lenskart-q2-revenue-growth.md","title":"Nykaa Q2 Revenue Rises 28.1% to Rs 3,006 Crore","headline":"Nykaa, Honasa and Lenskart Post 28-36% Q2 Revenue Growth Despite Consumer Slowdown","description":"Nykaa's Q2 revenue rose 28.1% to Rs 3,006 crore with net profit nearly tripling to Rs 101 crore, as Honasa and Lenskart also posted strong growth.","section":"Earnings & Results","published_at":"2026-11-12T04:40:23+00:00","modified_at":"2026-11-12T04:40:23+00:00","author":"News Desk","key_takeaways":["Nykaa reported Q2 FY27 revenue of Rs 3,006 crore, up 28.1%, and net profit of Rs 101 crore, nearly tripled.","Honasa Consumer's revenue rose 36% to Rs 731 crore, with net profit up 87% to Rs 73.2 crore.","Lenskart posted revenue of Rs 2,845 crore, up 32.5%, and net profit of Rs 232.5 crore, more than doubling."],"companies":[{"name":"Nykaa","is_primary":true,"profile_url":"https://akta.pro/company-profiles/00000qn/nykaa","website":"http://www.nykaa.com"},{"name":"Honasa Consumer","is_primary":false,"profile_url":"https://akta.pro/company-profiles/00008th/honasa-consumer","website":"https://honasa.in"},{"name":"Lenskart","is_primary":false,"profile_url":"https://akta.pro/company-profiles/0002ayu/lenskart","website":"http://www.lenskart.com"}],"source":{"publisher":"Business News Today","title":"Nykaa, Honasa and Lenskart beat consumer slowdown blues with robust Q2 growth- Moneycontrol.com","url":"https://www.moneycontrol.com/news/business/startup/nykaa-honasa-and-lenskart-beat-consumer-slowdown-blues-with-robust-q2-growth-14077820.html"},"other_sources":[],"tags":["Earnings & Results","Nykaa","Honasa Consumer","Lenskart"],"body_markdown":"[Nykaa](https://akta.pro/company-profiles/00000qn/nykaa) reported a 28.1% year-on-year rise in revenue to Rs 3,006 crore for the September quarter, with net profit nearly tripling to Rs 101 crore, [Business News Today](https://www.moneycontrol.com/news/business/startup/nykaa-honasa-and-lenskart-beat-consumer-slowdown-blues-with-robust-q2-growth-14077820.html) reported on November 12, 2026. The Falguni Nayar-led company was among three new-age consumer firms posting 28-36% growth despite a consumer slowdown.\n\n## Nykaa's Premiumisation and Private Labels\n\nNykaa is India's largest omnichannel beauty and fashion retailer, operating an e-commerce platform, a mobile app, 313+ offline stores across 99 cities, and a B2B Superstore serving over 1 million retailers, with a portfolio of 1,000+ global brands and owned House of Nykaa brands serving 55+ million consumers. In the quarter, its beauty and personal care gross merchandise value grew 25%, while fashion GMV rose 42%.\n\n\"We believe the increase in average order value is being driven by premiumisation rather than inflation or price increases. In fashion, the assortment on our platform is expanding across categories, and growth is coming from the wider platform, not just a few large brands,\" Falguni Nayar said during the company's Q2 FY27 earnings call.\n\nHSBC Global Investment Research said in a note, \"Private labels next leg of margin lever.\" The brokerage expects the contribution from these brands, alongside operating efficiencies, to support further margin expansion.\n\n[Honasa Consumer](https://akta.pro/company-profiles/00008th/honasa-consumer), the Mamaearth parent, reported a 36% year-on-year increase in revenue to Rs 731 crore, while net profit rose 87% to Rs 73.2 crore. Its younger brands grew more than 45% in the quarter, and its focus categories grew over 40% and now account for more than 80% of revenue. \"What makes this growth particularly encouraging is the strength of the business behind it,\" said Varun Alagh, co-founder and chief executive of Honasa Consumer.\n\n## Nykaa's FY26 Scale and Store Roadmap\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Nykaa's FY26 revenue crossed the $1 billion milestone at Rs 10,022 crore, a 26% year-on-year increase, with the beauty segment contributing Rs 9,139 crore and fashion Rs 832 crore. FY26 GMV grew 28% year-on-year to Rs 19,963 crore, and FY26 net profit surged 183% from Rs 72 crore in FY25 to Rs 204 crore.\n\nIn June 2026, Nykaa unveiled an FY30 growth roadmap targeting over $5 billion GMV, 2-3x revenue growth, 4-5x EBITDA growth, expansion from 313 to 600+ stores across 3,500 cities, and 100 million beauty customers.\n\n## Nykaa's Earlier Q2 Disclosures\n\nOn November 4, 2026, NDTV Profit reported that Nykaa's Q2 net profit rose threefold to Rs 101 crore from Rs 34 crore, while revenue climbed 28.1% to Rs 3,006 crore, with EBITDA increasing 65.6% to Rs 263 crore and EBITDA margin expanding to 8.7%. The Times of India reported the same day that Nykaa approved an 82% stake acquisition in Simply Nam for up to Rs 33 crore, expected to close in Q3FY27, and that House of Nykaa crossed a Rs 4,000 crore annualised GMV run rate. The Times of India also reported that Nykaa expanded its quick-commerce service Nykaa Now to 15 cities in Q2FY27, targeting over 25 cities by FY27-end.\n\n## Nykaa's Simply Nam Closing\n\nThe Simply Nam acquisition is expected to close in Q3FY27, according to The Times of India.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}