Nykaa expects fastest quarterly growth in three years

Indian retailer Nykaa said it expects nett gross to emergence successful the precocious twenties scope successful Q4 FY26, its quickest quarterly summation successful 12 quarters.

The institution linked the outlook to a stronger manner concern and dependable request successful beauty.

For the 4th ended 31 March 2026, the retailer said consolidated gross merchandise worth (GMV) maturation is expected successful the precocious twenties.

It besides forecasts consolidated nett income worth (NSV) maturation successful the aboriginal thirties. Consolidated nett gross maturation is besides expected successful the precocious twenties.

Nykaa said the betterment reflects faster maturation successful its manner vertical, alongside continued resilience successful the quality segment.

For the full-year FY26, it expects consolidated NSV maturation to scope the precocious twenties, compared with mid-twenties maturation implicit the anterior 2 years.

In beauty, Nykaa expects GMV, NSV and nett gross maturation successful the precocious twenties. It added that NSV is expected to turn somewhat faster than GMV and nett revenue.

The institution said GMV-to-NSV conversion improved meaningfully, citing funnel improvements crossed businesses.

It besides reported coagulated omnichannel show and said its owned brands portfolio, House of Nykaa, continued to standard and lend meaningfully.

During the quarter, Nykaa expanded its retail web by adding 26 stores and integrating 11 Kiehl’s outlets.

This took its store number to 313 arsenic of 31 March 2026.

Nykaa said its manner vertical has remained connected a betterment way since the commencement of FY26.

It expects Q4 manner GMV maturation successful the precocious twenties, with NSV maturation successful the aboriginal forties.

Net gross maturation successful the conception is projected successful the precocious thirties, which the institution said marks a crisp acceleration from earlier quarters.

The retailer attributed the manner show to stronger level momentum, funnel improvements and robust lawsuit acquisition.

It besides pointed to wider marque assortment, aboriginal advancement from its Nike concern and the Pink Love Sale. It added that higher selling income besides supported growth.

Nykaa said it is monitoring geopolitical developments successful West Asia but reported nary worldly interaction during the quarter.

It added that gross vulnerability to the Middle East remains beneath 1%, with the concern successful the portion inactive astatine an aboriginal stage.

"Nykaa expects fastest quarterly maturation successful 3 years" was primitively created and published by Retail Insight Network, a GlobalData owned brand.

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