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Nykaa Expects Early-Thirties Q1 FY27 Revenue Growth with Fashion Surging 50%+


5 July 2026
FSN E-Commerce Ventures Ltd.

Nykaa expects Q1 FY2027 consolidated net revenue growth near thirties and GMV/NSV in early thirties. Fashion NSV growth accelerated to mid-fifties, with net revenue near fifties. Beauty NSV growth was late twenties. Store count reached 324.


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