Quarterly Updates4 Jan 2026, 08:15 pm
Nykaa Reports Strong Q3 FY2026 Performance with High Twenties Consolidated GMV and NSV Growth
AI Summary
Nykaa (FSN E-Commerce Ventures Limited along with its subsidiaries) delivered a robust performance in Q3 FY2026 with Consolidated GMV and NSV growth expected to be in late twenties. The Beauty vertical is expected to deliver accelerated NSV growth of late twenties, while the Fashion vertical is expected to continue its revived growth trajectory with NSV growth of mid-twenties. The growth is attributed to the success of House of Nykaa brands, Pink Friday sale, and robust new customer acquisition.
Key Highlights
- Consolidated GMV and NSV growth expected to be in late twenties in Q3 FY2026
- Nykaa’s Beauty vertical is expected to deliver accelerated NSV growth of late twenties
- Fashion vertical is expected to continue its revived growth trajectory with NSV growth of mid-twenties
- Outperformance of House of Nykaa brands and robust new customer acquisition contributed to the superior performance
- Beauty vertical’s Net Revenue growth is expected to be in the upper end of mid-twenties