Nykaa expects mid-20s revenue growth in Q1 as beauty demand holds up, fashion recovers
Nykaa anticipates a consolidated net revenue growth in the mid-20% range for the June quarter, fueled by strong performance in its core beauty segment and a recovery in fashion. The beauty vertical is expected to drive GMV growth, while the fashion segment aims for substantial expansion, targeting 3-4x growth in the next five years.
Nykaa anticipates a consolidated net revenue growth in the mid-20% range for the June quarter, fueled by strong performance in its core beauty segment and a recovery in fashion. The beauty vertical is expected to drive GMV growth, while the fashion segment aims for substantial expansion, targeting 3-4x growth in the next five years.
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