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NYKAA BEAUTY SEGMENT
Buy, Sell or Hold: Citi initiates buy on Meesho; Elara Capital recommends buy on Mahindra LogisticsBrokerages are selectively backing consumer, logistics, and e-commerce firms with strong growth prospects. Citi initiates coverage on Meesh...
Buy, Sell or Hold: Morgan Stanley raises target price on NYKAA; Elara Capital maintains buy on Devyani InternationalBrokerage views on Indian equities are mixed as Morgan Stanley raises Nykaa's target price on ambitious FY30 growth plans. Conversely, conc...
L’Oréal acquires Innovist in big D2C deal; Dhan’s FY26 profit shrinksL’Oréal has bought Innovist to claw back momentum in India’s hyper-competitive beauty market. This and more in today’s ETtech Top 5.
Nykaa aims for $5 billion in GMV by FY30Nykaa, which announced this at its annual investor day on Thursday, said that its business has doubled both GMV and revenue over the last t...
Not seeing any slowdown yet: Nykaa Fashion CEONykaa Fashion is now a significant driver for acquiring customers for Nykaa's beauty business. Both segments are experiencing robust growth...
KorinMi raises Rs 10 crore from Lotus Herbals to bring Korean skin treatment to IndiaFounded in 2024, KorinMi is a Korean beauty clinic that started with skin treatments and has now expanded to direct-to-consumer (D2C) produ...
H-1B chill sets in; Flipkart doubles down on ShopsyUS demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. This and more in today’s ETtech To...
Nykaa reappoints Adwaita and Anchit Nayar to board for new five-year termsFSN E-Commerce Ventures, Nykaa's parent company, has approved the reappointment of Adwaita Nayar and Anchit Nayar as whole-time directors f...
Recode Studios IPO opens today. GMP among key things to know before subscriptionRecode Studios' IPO opens today, aiming to build an omnichannel cosmetics brand amidst market competition. The Rs 44.6 crore SME issue, pri...
Nykaa expects consolidated GMV growth at high-20% level for Q4 of FY26Nykaa’s parent, FSN E-Commerce Ventures, expects Q4 GMV growth in the late "twenties" and annual net revenue growth in the upper "mid-twent...
Nykaa shares rally nearly 4% on strong Q4 business updateNykaa's shares climbed following a robust Q4 FY2026 revenue update. The company anticipates its fastest growth in 12 quarters, driven by a ...
Nykaa in talks to buy majority stake in Deepika Padukone's skincare brand 82°ENykaa is negotiating to buy a majority stake in Deepika Padukone's skincare brand 82°E. This move aims to strengthen Nykaa's portfolio in a...
India’s ‘Lush’ green market is the new battleground for global beauty giantsInternational beauty brands are changing their India strategy. They are now focusing on online sales and reaching customers beyond major ci...
Nykaa Q2 Preview: Strong festive demand and margin gains to lift earningsNykaa is expected to post strong Q2FY26 results with 25–27% YoY revenue growth, led by festive demand, robust beauty segment performance, a...
Nykaa Now expands to seven cities as quick commerce apps focus on BPCNykaa Now delivered over 1.3 million orders as of the June quarter end. Nykaa recorded an annualised gross merchandise value of $2 billion ...
Nykaa expects mid-20s revenue growth in Q1 as beauty demand holds up, fashion recoversNykaa anticipates a consolidated net revenue growth in the mid-20% range for the June quarter, fueled by strong performance in its core bea...
Nykaa Q2 Results: PAT jumps 66% YoY to Rs 13 crore; revenue rises 24%Nykaa Q2 Results: Revenue from operations in the reporting period rose 24% year-on-year (YoY) to Rs 1,875 crore. The company posted an EBIT...
Nykaa’s Q1 net profit more than doubles to Rs 13.6 crore, operating revenue expands 23%For FSN E-Commerce Ventures, which operates the beauty and fashion retail brand Nykaa, the fashion segment saw slower-than-expected growth ...
Nykaa expects consolidated revenue to rise 22-23% in April-June quarterIn a BSE filing on its quarterly revenue update for the April-June quarter of FY25, Nykaa said for the consolidated entity, the GMV (Gross ...
Nykaa Q1 BPC sales value up 23%; sees robust growth in premium category by 2027Nykaa on Friday reported a 13.5% year-on-year increase in consolidated net profit to Rs 6.45 crore for the first quarter. Its revenue from ...