India, Oct. 6 -- Beauty and fashion ecommerce major Nykaa expects its revenue growth to be in mid-twenties in the second quarter of FY26, as both its verticals saw strong growth.
In its quarterly business update, Nykaa said it saw an accelerated growth momentum in the September quarter and expects its consolidated gross merchandise value (GMV) growth to be "close to thirties".
The beauty segment's net sales value (NSV) and net revenue are seen growing in mid-twenties, while the fashion vertical's NSV growth is expected to be in higher mid-twenties.
The company said that the fashion vertical's growth came on the back of strong traction in core platform business, which was led by expanding brand assortment and robust customer acquisition...
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