Nykaa Guides To Early-30% GMV Growth In Q1 FY26, Led By Beauty And Fashion
FSN E-Commerce Ventures expects Q1 FY26 GMV/NSV to grow in the early-30% range with consolidated revenue up nearly 30%. Fashion NSV is set to rise mid-50%, aided by the Nike partnership, while beauty NSV grows late-20%. Owned brands Kay Beauty and Dot & Key show strong momentum.
Nykaa expects early-30% GMV/NSV growth and near-30% revenue growth for Q1, led by beauty and fashion. Fashion NSV to grow mid-50%, aided by Nike partnership; owned brands like Kay Beauty and Dot & Key show strong momentum.