Nykaa Guides Q1 FY27 Revenue Growth to Near 30%, Fashion NSV Up Mid-Fifties
Nykaa expects Q1 FY27 net revenue growth to accelerate to near 30%, led by Fashion (NSV mid-fifties, net revenue near fifties) and Beauty (late twenties). Store count reaches 324 with mid-teen like-for-like retail growth, plus momentum in owned brands and a new Nike partnership.
Nykaa expects Q1 FY27 net revenue growth accelerating to near 30%, led by Fashion (NSV mid-fifties) and Beauty (late twenties). Store count 324, strong traction in owned brands and new Nike partnership.
Why this matters
Nykaa's near-30% guidance shows fashion rebounding after earlier early-30% GMV guidance for Q1 FY26, while its expanded L'Oreal Luxe deal taking over Kiehl's India strengthens the beauty portfolio.
Retail-company signals accelerating, up 570300% QoQ.