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FSN E-Commerce Ventures Ltd. ( (IN:NYKAA) ) just unveiled an update.
Nykaa reported a strong performance for the third quarter of FY2026, with consolidated gross merchandise value (GMV) and net sales value (NSV) expected to grow in the high twenties year-on-year, driven by renewed momentum in its fashion vertical and continued strength in beauty. Consolidated net revenue growth is projected at the upper end of the mid-twenties, slightly accelerating past trends, as the beauty business posts its fastest NSV growth in six quarters amid record scale, successful in-house brands, flagship sale events and robust new customer acquisition, while the fashion vertical maintains a revived growth trajectory with mid-twenties NSV growth but lower net revenue growth in the high teens due to weaker content and marketing income and channel optimisation in owned brands.
More about FSN E-Commerce Ventures Ltd.
FSN E-Commerce Ventures Ltd, which operates under the Nykaa brand, is an Indian e-commerce company focused on beauty, personal care and fashion. Through its online platforms and related businesses, Nykaa offers a wide range of branded and own-label products, targeting the growing digital consumer market in these categories.
Average Trading Volume: 359,720
Technical Sentiment Signal: Buy
Current Market Cap: 757.9B INR
For detailed information about NYKAA stock, go to TipRanks’ Stock Analysis page.