FSN E Commerce Ventures Limited has informed the Exchange regarding 'Nykaa Quarterly Revenue Update Q3 FY2026'.
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Awaiting price reaction for this filing.
Nykaa reported a strong Q3 FY2026 with consolidated GMV and NSV growth expected in the late twenties on a year-on-year basis. Consolidated net revenue growth is projected at the upper end of the mid-twenties, a slight acceleration from the mid-twenties pace seen in recent quarters. The Beauty vertical led the show with NSV growth in the late twenties — its highest in six quarters and the largest quarter ever in absolute terms, supported by the Pink Friday sale, strong House of Nykaa brand performance, and new customer additions. The Fashion vertical continued its revival with NSV growth in the mid-twenties, though net revenue growth came in at the late teens due to weaker content and marketing income and channel optimization of owned fashion brands.
The update signals broad-based momentum and a modest acceleration in growth, which is positive for sentiment. However, investors should note this is a voluntary, provisional update (not audited results or formal guidance) and the Fashion vertical's revenue growth is lagging its NSV growth.