BeautyBusiness

Nykaa to Acquire 82% of Simply Nam as Quarterly Profit Jumps 207%

Nykaa plans an 82% stake in Simply Nam for up to ₹33 crore as Q2 FY2027 revenue rose 28% and profit after tax increased 207%.

Simply Nam founder Namrata Soni applying eye makeup to a model
BeautyBusiness

Nykaa to Acquire 82% of Simply Nam as Quarterly Profit Jumps 207%

Credit: Simply Nam.

Nykaa plans to acquire an 82% stake in Simply Nam for up to ₹33 crore in cash, adding a professional makeup brand to its owned portfolio as quarterly profit more than tripled. The proposed deal gives the beauty retailer a larger position in premium color cosmetics built around makeup-artist expertise.

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