Nykaa shares rise 4% as Q2 FY27 update points to strong growth across beauty, fashion
Executive Brief • Key Highlights
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- ✓Nykaa shares rose 4.12% to Rs 338.35 on Monday after the company reported strong growth across its beauty and fashion businesses for Q2 FY27.
- ✓The firm said consolidated GMV growth is expected in the high 20s.
- ✓Nykaa added 14 new stores, bringing its total count to 338 by September 30, 2026.
Story at a Glance
- Category
- BUSINESS
- Reported By
- The Economic Times
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
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.
The beauty vertical continued to benefit from strong omnichannel performance, driven by new customer additions and repeat engagement. Nykaa added 14 net-new stores during the quarter, bringing its total store count to 338 as of September 30, 2026. Like-for-like store sales growth was in the low 20s, marking the strongest performance in the last six quarters. The House of Nykaa portfolio also continued to grow faster than the overall Beauty business.
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The Economic Times
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