Nykaa guides to ~30% Q1 net revenue growth on mid-fifties fashion surge
FSN E-Commerce Ventures projects nearly 30% net revenue growth in Q1 FY27, driven by fashion NSV up in the mid-fifties and beauty in the late twenties. Store count stands at 324, with a target of 600+ stores and 100M users by FY2030. Shares rose 3% on the outlook.
Nykaa projects nearly 30% net revenue growth in Q1 FY27, led by fashion NSV growth in mid-fifties and beauty in late twenties. Store count at 324, targeting 600+ stores and 100M users by FY2030.