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.