Nykaa in-house brands cross Rs 2,100 GMV in FY25

Omnichannel beauty and fashion retailer FSN E-Commerce achieved a gross merchandise value (GMV) of Rs 2,100 crore with its House of Nykaa brands in the financial year ended March 2025, according to the company’s annual report. This marks a five-year compound annual growth rate (CAGR) of 52%.

GMV refers to the total amount of merchandise sold over a period of time before deducting discounts, returns, or shipping costs.