Nykaa expects its consolidated gross merchandise value (GMV) to rise by nearly 30% in Q2 FY26, citing stronger performance in its fashion segment and continued demand for beauty products.

FSN E-Commerce Ventures, which operates Nykaa and is based in India, said it projects consolidated net revenue to grow in the mid-20% range, supported by an early festive season.

For its core beauty and personal care business, Nykaa forecasts net sales value and net revenue growth in the mid-20% range.

Nykaa also said its fashion vertical is set to see growth in the high mid-20% range, driven by its main platform and private labels like Twenty Dresses and Gajra Gang.

🔗 Source: YourStory

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