Nykaa expects around 30% GMV growth in Q2 FY27
FSN E-Commerce Ventures, the parent company of beauty and fashion retailer Nykaa, expects its consolidated GMV to grow close to 30% YoY in Q2 FY27.
Via Entrackr
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"FSN E-Commerce Ventures, the parent company of beauty and fashion retailer Nykaa, expects its consolidated GMV to grow close to 30% year-on-year in the quarter ended September 2026. According to the company"s quarterly business update, consolidated NSV is expected to grow in the early thirties, while net revenue growth is projected to be in the late twenties. The growth was led by continued momentum in the beauty business and the increasing scale of its fashion vertical. Nykaa"s beauty vertical is…
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