Q1 updates: Nykaa guides early-30% GMV growth as Senco Gold posts 60% revenue jump
Indian consumer brands flag strong first-quarter momentum. Nykaa expects early-30% GMV growth with fashion NSV up mid-50%, while Dabur and Godrej project double-digit to high-teens revenue. Senco Gold reports 60% YoY revenue and 38% SSSG on eight new showrooms; Baazar Style Retail opens in Varanasi.
Q1 business updates from Indian consumer brands: Nykaa guides early-30% GMV growth (fashion NSV mid-50%), Dabur and Godrej project double-digit/high-teens revenue, Senco Gold posts 60% revenue growth with eight new showrooms, plus Baazar Style Retail store opening in Varanasi.