Shares of FSN E-Commerce Ventures, the parent company of Nykaa, rose 4.12% to Rs 338.35 in Monday's trading session after the company reported continued growth momentum across its Beauty and Fashion businesses in the second quarter of FY27.
Nykaa said consolidated GMV growth is expected to be in the high 20s, while net sales value (NSV) growth is expected to be in the early 30s. Consolidated net revenue growth is expected to be in the high 20s, supported by the scaling-up of the Fashion vertical and steady growth in Beauty. The company said its Beauty business is expected to post NSV and net revenue growth in the high 20s.
