Nykaa shares in focus as Q1 update signals nearly 30% revenue growth, GMV

Nykaa anticipates a robust June quarter with nearly 30% year-on-year revenue growth, fueled by a significant rebound in its fashion segment. The fashion business is projected to see around 55% net sales value growth, a sharp acceleration driven by diverse category demand and strategic marketing. Meanwhile, the core beauty business continues its steady momentum, with retail sales also showing positive trends and store expansion.

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