Nykaa's Net Profit Jumps Over 3X in Q1 FY27; VC Funding in India Sees July Dip

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Finance

5 August 2026 at 9:49 am

Nykaa's Net Profit Jumps Over 3X in Q1 FY27; VC Funding in India Sees July Dip

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Summary

Nykaa reported a more than threefold increase in net profit and a 29% rise in revenue for the first quarter of FY27, driven by strong demand. Meanwhile, VC funding in India's startup ecosystem saw a decline in July, despite a year-on-year increase compared to July 2025.

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