Nykaa anticipates strong beauty and fashion growth in Q1

Nykaa has commenced the fiscal year 2026 on a positive note, with expectations of consolidated net revenue growth for the first quarter of FY26 landing at the lower end of the mid-twenties percentage range. Gross merchandise value (GMV) growth is projected to be even higher, surpassing the mid-twenties, indicating sustained momentum over several quarters for the e-commerce giant.