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India’s Nykaa parent projects 25% revenue growth, driven by beauty
FSN E-Commerce Ventures, the parent company of beauty and fashion retailer Nykaa, has projected consolidated net revenue growth of 20% to 25% year-on-year for the fourth quarter of FY2025.
This estimate aligns with the company’s full-year revenue growth projection of a similar range.
In an exchange filing, the company stated that its beauty segment is expected to drive gross merchandise value (GMV) growth in the low 30% range year-on-year.
Recent Nykaa developments
| Timeline |
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24-Jan-2025 💄 India’s Nykaa parent expands with new subsidiary in Oman
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24-Jan-2023 💄 Nykaa names ex-Godrej exec as CFO
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09-Feb-2022 📉 Nykaa posts 58% dip in Q3 profit
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09-Feb-2022 📈 Nykaa’s financial health in 5 charts
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29-Oct-2021 💄 Nykaa used this deck for its $700m IPO pitch
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| 28-Oct-2020 💰 Nykaa founder’s family office invests $20m in Indian fintech startup FlexiLoans |
