Mumbai, Jan. 5 -- The company's consolidated gross merchandise value (GMV) and net sales value (NSV) growth expected to be in late twenties in Q3 FY2026.

Nykaa's beauty vertical is expected to deliver accelerated NSV growth of late twenties, highest in the past 6 quarters. This stellar growth comes in a seasonally strong quarter, making it the largest quarter till date in terms of absolute scale.

The outperformance of House of Nykaa brands, the success of Pink Friday sale as well as robust new customer acquisition contributed to the superior performance. As a result, beauty vertical's net revenue growth is expected to be in the upper end of mid-twenties.

The fashion vertical is expected to continue its revived growth trajectory with NS...