S6/10Social

Nykaa shares rise 3% as Q1 update signals nearly 30% revenue growth, GMV

Nykaa share price gained 3% following a robust quarterly business update. The company anticipates nearly 30% year-on-year growth in consolidated net revenue for the June quarter. This surge is largely attributed to a significant turnaround in its fashion segment, projecting around 55% net sales value growth, alongside continued strength in its core beauty business.

06 Jul 2026, 03:28 UTCSource: Economic TimesOriginal source
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