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FSN E-Commerce Ventures Ltd. ( (IN:NYKAA) ) has issued an announcement.
Nykaa has reported accelerated growth momentum in Q2 FY2026, with consolidated GMV growth expected to reach the thirties, driven by strong performances in both its Beauty and Fashion verticals. The Beauty vertical continues its sustained growth trajectory, while the Fashion vertical shows improved net revenue growth due to increased brand assortment and customer acquisition. The company’s overall net revenue growth is expected to be in the mid-twenties, supported by an early festive season start and recent GST reforms, which are anticipated to boost disposable income and long-term growth in consumer categories.
More about FSN E-Commerce Ventures Ltd.
FSN E-Commerce Ventures Ltd., operating under the brand Nykaa, is a prominent player in the e-commerce industry, focusing on beauty and fashion products. The company is known for its diverse range of offerings, including both homegrown and acquired brands, catering to a wide consumer base.
Average Trading Volume: 230,293
Technical Sentiment Signal: Buy
Current Market Cap: 686.3B INR
For a thorough assessment of NYKAA stock, go to TipRanks’ Stock Analysis page.