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FSN E-Commerce Ventures Ltd. ( (IN:NYKAA) ) just unveiled an announcement.
FSN E-Commerce Ventures Ltd. reported a positive start to FY26, with consolidated net revenue growth expected in the lower mid-twenties for Q1. Despite geopolitical tensions affecting consumer sentiment during a flagship sale, the beauty segment showed strong GMV growth in the higher mid-twenties, driven by robust performance across all business areas. The fashion segment also demonstrated significant improvement, with GMV growth in the mid-twenties and net revenue growth in the mid-teens, supported by an expanding product range and effective customer acquisition strategies.
More about FSN E-Commerce Ventures Ltd.
FSN E-Commerce Ventures Ltd., known for its brand Nykaa, operates in the e-commerce industry, focusing on beauty and fashion products. The company offers a wide range of products through its online platform, retail stores, and eB2B distribution, with a strong emphasis on its own House of Nykaa brands.
Average Trading Volume: 1,386,779
Current Market Cap: 566.8B INR
For a thorough assessment of NYKAA stock, go to TipRanks’ Stock Analysis page.