Nykaa guides to ~30% Q1 FY27 net revenue growth on fashion surge
FSN E-Commerce Ventures projects near-30% net revenue growth in Q1 FY27, led by fashion NSV up in the mid-fifties and beauty in the late twenties. Physical footprint reached 324 stores after FY26 revenue of Rs 10,022 cr and net profit of Rs 203.94 cr.
Nykaa projects ~30% net revenue growth for Q1 FY27, driven by fashion NSV growth in mid-fifties and beauty in late twenties. Physical store count reached 324, following strong FY26 profit and revenue gains.
Why this matters
The near-30% Q1 FY27 guidance follows Nykaa's early-30% GMV growth guidance in Q1 FY26 and its expanded L'Oréal Luxe deal taking over Kiehl's India, showing sustained fashion-led momentum.
Retail-company signals accelerating, up 570500% QoQ.