New Delhi, April 7 -- Nykaa is heading into the final quarter of FY26 with a noticeable shift in momentum. After several quarters of steady but predictable growth, the beauty and fashion platform is now projecting a stronger finish, one that signals both recovery and recalibration across its core business lines.

In its latest exchange filing, Nykaa said it expects net revenue growth in the late twenties for Q4 FY26, marking its strongest expansion in the past 12 quarters. For the full fiscal year, growth is likely to land at the upper end of the mid-twenties range.

This isn't just a routine quarterly update. It reflects a broader shift in how Nykaa is tightening execution, from improving conversion funnels to doubling down on customer a...