FSN E-Commerce Ventures, the parent company of Nykaa, has projected strong growth for the final quarter of FY25 (Q4 FY25). The company expects its consolidated net revenue to rise by 20-25% year-on-year (Y-o-Y).
Additionally, the company anticipates its total revenue for FY25 to grow in the mid-20% range, reflecting a strong growth across its fashion and beauty retail segments.
“Nykaa’s full financial year FY25 revenue growth is estimated to be at similar levels in the mid-twenties, indicating consistent growth across all quarters of FY25,” the company said in a statement.
Mentioning that the beauty vertical will continue to be a major growth driver, the company said, “The GMV (gross merchandise value) growth for the beauty vertical is expected to remain significantly ahead of the industry at low thirties.”
Nykaa attributed its continued growth momentum to strategic investments in customer acquisition, an increased store count, and the strong retail performance of both home-grown and acquired brands.
In Q4 FY25, the company expanded its retail presence by opening 19 new stores. Overall, the company projects comparatively lower net revenue growth for Q4 FY25 than in Q3 FY25.
“The net revenue growth is expected to be lower due to muted performance of Nykaa Fashion-owned brands and lower content-related activity in Q4 FY25, which typically peaks in the third quarter,” the company added.
In Q3 FY25, the company posted a significant 51.3% increase in net profit, driven by strong sales during the festival season. The net profit stood at ₹26.41 crore, compared to ₹17.45 crore in the same quarter last year.
Nykaa continues to demonstrate strong growth, driven by strategic investments in customer acquisition, retail expansion, and strong brand performance.
The company’s robust financial results, including a significant rise in net profit in Q3 FY25 and positive projections for Q4 FY25, highlight its strong market position. With an expanded retail network and continued growth across key segments, Nykaa poses for sustained success in the evolving e-commerce and retail landscape.
