Nykaa Q1 update

Q1 update FSN E-Commerce Ventures, Nykaa's parent company, saw strong Q1 FY26 growth. The company expects consolidated net revenue to grow in the mid-20% range, with GMV exceeding this. Beauty GMV is projected in the high mid-20%, while Fashion GMV is expected in the mid-20%, driven by improved platform performance and customer acquisition. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.