menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Nykaa Jump...
source image

Inc42

2d

read

553

img
dot

Image Credit: Inc42

Nykaa Jumps 2.5% After It Projects Mid-20% Revenue Growth In Q1

  • Nykaa's shares rose 2.5% to INR 203.05 on the BSE following the company's projection of mid-20% revenue growth in the first quarter of FY26.
  • The company expects its consolidated revenue growth to be in mid-twenties YoY and GMV growth to surpass mid-twenties.
  • Despite challenges from geopolitical tensions affecting Q1 Flagship Sale, Nykaa foresees strong growth across all businesses including ecommerce, retail stores, and House of Nykaa brands.
  • The fashion vertical is expected to witness mid-teens revenue growth sequentially, with a notable improvement in GMV performance.

Read Full Article

like

4 Likes

For uninterrupted reading, download the app