Nykaa, the Indian beauty retailer, has seen profits nearly triple in the fourth quarter of 2025 driven by premium brands.
Net profit hit 202.8m rupees (US$2.4m) in the period to 31 March, up from 69.3m rupees in the same period the previous year.
Total revenue, of which beauty makes up 92%, shot up 24% to 20.62bn rupees.
Beauty brand sales, which include the likes of Estée Lauder and Fenty Beauty, were up 25% to 18.95bn rupees.
The beauty retailer, which is India’s largest, added 50 new stores in the full 2025 financial year and now stocks more than 8,600 brands across beauty and fashion.
New brands launched in Nykaa include Nars, Kérastase, Yves Saint Lauent and K-beauty favorites Dr Jart+, Skin 1004 and viral foundation brand TirTir.
Further launches in the next quarter include Chanel, Armani Beauty and Supergoop!.
Nykaa has also appointed Santosh Desai to its board as an Independent Director, effective from 15 July.
A former CEO of global consultancy Future Brands, Desai has also served as president of advertising agency McCann, and has spent his career helping to build brands.
“Santosh’s experience in understanding the interwoven relationship between culture and brands has helped build several iconic brands,” said Falguni Nayar, Executive Chairperson, Founder and CEO of Nykaa.
“Nykaa’s unrivaled customer centricity and focus on innovation has enabled us to garner tremendous consumer love and trust.
“We are confident that Santosh’s strategic guidance will help steer our vision to propel Nykaa’s brand equity and bolster our existing bouquet of brands for long-term global success.”