Nykaa is expecting its financial year 2025 revenue growth to be in the mid-twenties
With consolidated net revenue growth expected to be in the low to mid-twenties on a year-on-year (YoY) basis, Nykaa witnessed a continued growth momentum in the fourth quarter of the Financial Year 2025 (Q4FY25). Nykaa is expecting its FY25 revenue growth to be at similar levels in the mid-twenties.
Sharing the business update, FSN Ecommerce Ventures, the parent company of Nykaa, stated that the gross merchandise value (GMV) growth for beauty vertical is expected to remain significantly ahead of the industry at low thirties. As far as the revenues are concerned, Nykaa’s beauty vertical has thus maintained its healthy momentum from previous quarters with net revenue growth in the mid‐twenties.
“The GMV growth for fashion vertical is expected to be in the high teens, with sequential improvement in core platform business. The Net Revenue growth is expected to be lower due to the muted performance of Nykaa fashion owned brands and lower content-related activity in Q4FY25, which typically peaks in the third quarter,” the company stated in an exchange filing.
The company highlighted that strong retail performance, supported by same-store sales growth (SSSG) as well as accelerated expansion of the retail network with 19 stores rolled out in Q4FY25, drove growth.
Investments in customer acquisition over the past several quarters leading to consistent order volume growth aided the positive momentum, as per the company. The official update added that the growing success of House of Nykaa, through the strong performance of both home‐grown as well as acquired brands, has been a driver of growth.
