Nykaa guides to ~30% Q1FY27 revenue growth on fashion rebound
FSN E-Commerce Ventures expects ~30% net sales growth in Q1FY27, led by fashion NSV up mid-fifties and beauty in the late-twenties. Store count reached 324 by June 2026, with early gains from the Nike partnership. Figures are provisional, pending audit review.
Nykaa expects ~30% Q1FY27 net sales growth, led by a fashion rebound (mid-fifties NSV) and steady beauty. Store count hit 324; Nike partnership shows early gains. Provisional figures pending audit review.
Why this matters
The guidance extends Nykaa's expansion push, following its takeover of Kiehl's India operations under the L'Oreal Luxe deal and its lead in India's retail-tech pack as the market eyes Rs 215 trillion by 2035.
Retail-company signals are accelerating, up +568800% QoQ.