Nykaa Riding On Beauty Vertical To Lead Growth Chart In Q4
Nykaa is expecting its financial year 2025 revenue growth to be in the mid-twenties
Beauty
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Fashion & Lifestyle
Beauty Vertical’s Growth Momentum Leads Nykaa’s Profit Surge
- by BW Retail World Bureau
- February 11, 2025
The company’s net profit increased to Rs 26.12 crore during the third quarter of the current fiscal (Q3FY25), attributable to the equity shareholders of the parent
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Consumer
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Health & Beauty
Nykaa Expects Net Revenue Growth To Be Higher Than Mid-20s In Q3
- by BW Retail World Bureau
- January 7, 2025
Nykaa’s beauty vertical has witnessed growth as compared to the previous quarters with net revenue growth higher than mid-twenties
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consumer
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Luxury
Nykaa Sees 60% Rise In Midnight Buys In 2024, Lipsticks Lead
- by BW Retail World Bureau
- January 4, 2025
The company managed to sell one lakh lipsticks daily as it kissed 2024 goodbye
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Nykaa Reports Robust 28% GMV Growth, Expands Omnichannel Presence At 12th AGM
- by BW Retail World Bureau
- September 20, 2024
The company announced strategic advancements in beauty and fashion with new collaborations, 200 stores and tech-driven solutions Nykaa held its 12th Annual General Meeting (AGM) on September 18, 2024, where the company showcased strong growth and enhanced profitability. The AGM report highlighted a year-on-year growth of 28 per cent in Gross Merchandise Value (GMV), amounting […]
Beauty
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Economy
India’s Beauty Market To Hit $34 Bn By 2028: Nykaa Report
- by BW Retail World Bureau
- September 5, 2024
This new report, developed in collaboration with Redseer, sheds light on the key trends shaping the future of India’s beauty industry and offers insights into the factors driving its exponential growth
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Nykaa Stock Soars Over 7% On Q4 Growth Optimism
- by BW Retail World Bureau
- April 8, 2024
Shares of Nykaa’s parent company, FSN Ecommerce, witnessed a surge of over 7 per cent in early trade on 8 April, fueled by expectations of robust growth in the company’s performance for the fourth quarter. At 1 p.m., Nykaa shares were trading at Rs 180.60 on the NSE, marking a substantial increase of 7.21 per […]
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Nykaa Q3 Profit Soars 97%, Revenue Jumps 22% Despite Discounts
- by BW Retail World Bureau
- February 7, 2024
The operator of omnichannel beauty and fashion retailer Nykaa, FSN E-commerce Ventures reported a consolidated net profit of Rs 16.2 crore for the quarter ended December on Tuesday, which grew 97 per cent year-on-year (YoY) from Rs 8.2 crore in the same quarter last year. Revenue from operations climbed 22 per cent YoY to Rs […]
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Nykaa Rises Following Favorable Q3 Business Update
- by BW Retail World Bureau
- January 8, 2024
Nykaa noted the positive trajectory of long-term macro indicators such as robust GDP growth, stable interest rates and increasing GST collections, reflecting India’s strong consumer-driven economic growth. However, the short-term pressures have impacted discretionary consumption, affecting Nykaa’s beauty and personal care (BPC) vertical. The company anticipates mid-twenties growth in gross merchandise value (GMV) and around […]
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Nykaa Net Profit Surges 50% In Q2, Revenue Up 22%
- by BW Retail World Bureau
- November 7, 2023
FSN E-Commerce Ventures, the company behind the beauty and personal care (BPC) brand Nykaa, experienced a 50 per cent surge in net profit in Q2 FY24, rising from Rs 5.2 crore in Q2 FY23 to Rs 7.8 crore. This growth was primarily driven by the robust demand witnessed in its beauty and personal care (BPC) […]