“Nykaa (FSN E-Commerce Ventures Restricted, together with its subsidiaries) witnessed sturdy efficiency in Q3 FY2025, with consolidated internet income development prone to exceed the mid-twenties. That is greater than the consolidated GMV development for a similar interval, indicating a optimistic development in GMV to internet income translation,” the corporate mentioned in an trade submitting.
The updates have been shared by the corporate on Sunday, January 5.
Nykaa’s magnificence vertical development has accelerated in comparison with earlier quarters, with internet income development greater than the mid-twenties.
The GMV development for the sweetness vertical is predicted to be within the low thirties, indicating sturdy momentum throughout all of Nykaa’s magnificence companies—e-commerce platform, retail shops, owned manufacturers, and eB2B distribution.
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Buyer acquisition at Nykaa continues to speed up. The eB2B distribution enterprise, Superstore by Nykaa, which accounts for 8% of the sweetness vertical’s GMV (up from 7% a 12 months in the past), continues to develop quickly and now providers round 260,000 transacting retailers throughout greater than 1,100 cities, the trade submitting additional learn.
Nykaa additional knowledgeable that its style vertical is predicted to ship a internet income development of round 20%, whereas NSV development is prone to be within the low to mid-teens, indicating continued sturdy development in content material, advertising and marketing, and service-related revenue.
“We consider on-line style demand continues to be subdued, however we stay optimistic concerning the long-term development alternative,” mentioned Nykaa in its submitting to the inventory exchanges.
Over the previous 12 months, Nykaa’s shares have remained flat with a optimistic bias however have dropped by 1.3% within the final 6 months and by almost 9% within the final 3 months.
(Disclaimer: Suggestions, ideas, views and opinions given by the consultants are their very own. These don’t characterize the views of The Financial Occasions)
