Nykaa Q1 Update: Revenue growth expected at 22-23%, GMV projected to grow by mid-twenties

FSN E-Commerce Ventures Ltd, the parent company of beauty and fashion platform Nykaa on Sunday announced that the company along with its subsidiaries is expected to post a revenue growth of around 22-23 per cent on-year during the first quarter of FY25. The consolidated GMV (Gross Merchandise Value) growth is projected to be in mid-twenties on YoY basis.