nykaa: Nykaa projects mid-20% net revenue growth in Q2 due to early festive season

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FSN E-Commerce, the parent of online beauty and fashion retailer Nykaa, said that its consolidated net revenue growth in the September quarter is expected to be at the mid-20% level due to the early start to the festive season.

In addition, the company’s consolidated gross merchandise value (GMV) is expected to be close to 30% in the second quarter of FY26 as against the mid-20% growth it saw in the last few quarters. “This superior performance is driven by renewed growth in the fashion vertical and healthy performance of beauty vertical,” the…



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nykaa: Nykaa projects mid-20% net revenue growth in Q2 due to early festive season



FSN E-Commerce, the parent of online beauty and fashion retailer Nykaa, said that its consolidated net revenue growth in the September quarter is expected to be at the mid-20% level due to the early start to the festive season.

In addition, the company’s consolidated gross merchandise value (GMV) is expected to be close to 30% in the second quarter of FY26 as against the mid-20% growth it saw in the last few quarters. “This superior performance is driven by renewed growth in the fashion vertical and healthy performance of beauty vertical,” the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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