Nykaa pushes quick commerce expansion as Q2 profit more than doubles
Bengaluru, Nov. 4 -- Nykaa is accelerating its quick-commerce expansion, targeting a presence in more than 25 cities by the end of fiscal year 2027 (FY27), as the beauty retailer looks to capture growing demand for faster delivery while widening its customer base and consumption.
Nykaa Now, the quick-commerce service of parent FSN E-Commerce Ltd, was operational in 15 cities in the September quarter, up from three in the first quarter of FY26. It offers delivery within 30-60 minutes, Anchit Nayar, chief executive of Nykaa's beauty business, told analysts on Wednesday.
"Nykaa Now is one of our newest initiatives in beauty and is scaling rapidly. The depth of SKUs we offer is more than double of any quick commerce player out there," Nayar...
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