Nykaa guides to ~30% revenue growth in Q1 FY27 on fashion rebound

FSN E-Commerce Ventures projects ~30% YoY net revenue growth for the June 2026 quarter, with GMV/NSV rising in the early thirties. Fashion NSV recovery to mid-fifties and beauty in the late twenties lead the momentum, backed by 324 offline stores and owned brands like Kay Beauty and Dot & Key.

— Filed Mon, 6 Jul, 2026, 10:13 IST · Source Entrackr · Updated

Nykaa projects ~30% YoY net revenue growth in Q1 FY27, driven by fashion recovery (NSV mid-fifties) and beauty momentum. Offline network reached 324 stores; owned brands and Nike partnership contributing to growth.

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