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Startups

New-age scorecard: Nykaa profit jumps 207%, Lenskart doubles, Swiggy's loss narrows

Three consumer-internet names reported July–September results. Two are solidly profitable now, while Swiggy is still losing money but less than last year.

accha? daily · · 1 min read
In short
+207%Nykaa's Q2 profit, to ₹101 crore
  • Nykaa PAT: ~₹101 cr (+207%)
  • Lenskart PAT: ~₹227–232 cr, about 2x
  • Swiggy loss: ₹922 cr vs ₹1,092 cr

The three results

Nykaa's profit after tax rose 207% year on year to about ₹101 crore on revenue of roughly ₹3,006 crore, up 28%, with fashion turning profitable.

Lenskart's profit roughly doubled, to about ₹227–232 crore depending on the report, on revenue of about ₹2,845 crore.

Swiggy's consolidated loss narrowed to ₹922 crore from ₹1,092 crore a year earlier.

What to watch

Reports give slightly different revenue numbers for Swiggy and different growth rates for Lenskart, so check company filings for exact figures. The common thread is that scale is finally turning into profit for beauty and eyewear, while quick commerce still needs heavy spending.

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