Eternal and Nykaa post Q3 FY26 gains as India retail market targets Rs 215 trillion by 2035
Financial Express flags retail-tech players Eternal, Nykaa, Delhivery and IndiaMART as India’s retail market is projected to reach Rs 210–215 trillion by 2035. Eternal reported ₹16,315 crore in Q3 FY26 revenue, while Nykaa posted 27% revenue growth and expanded to 276 stores.
India’s retail market could reach Rs 210-215 trillion by 2035. The report highlights Eternal, Nykaa, Delhivery and IndiaMART, citing Q3 FY26 scaling, profitability trends, quick-commerce expansion, store additions and digital retail infrastructure growth.
Why this matters
The report extends recent signals on Eternal’s 202% Q3 FY26 revenue jump and quick-commerce breakeven, alongside Q3 gains at Eternal, Nykaa and Delhivery as retail-tech scales.
Retail-company signals are accelerating, up +407067% QoQ.