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Nykaa has reported a robust performance for the third quarter of fiscal year 2025, with net revenue growth expected to exceed mid-20s percentage. The company's beauty vertical has shown accelerated growth compared to previous quarters, contributing significantly to this performance. Additionally, Nykaa's stock rose by 5.21% on January 6, reflecting investor confidence in the company's growth trajectory. The eB2B platform, Superstore, accounted for 8% of the gross merchandise value (GMV) during this period. While growth in the fashion segment has been slower, analysts remain optimistic, setting a target price of Rs 240 for Nykaa shares.
#MarketsWithBS | #Nykaa's stock rose 5.21% on Jan 6, driven by a robust #Q3FY25 performance. Beauty vertical showed strong growth, with eB2B platform #Superstore contributing 8% of GMV. Fashion saw slower gains, but analysts remain optimistic, with a target of Rs 240. Growth… https://t.co/cLkudc6CXP
🚨 Nykaa sees Q3 net revenue growth to be higher than mid-20s Nykaa also said that the growth in its beauty vertical was accelerating in comparison to previous quarters. https://t.co/5FnhVfjrmh
#Business | Nykaa shares rise over 4% as firm sees Q3 net revenue growth higher than mid-20s Read More⬇️ https://t.co/76Mf5Q67na #Nykaa #NykaaShares #StockMarketNews #Q3RevenueGrowth #InvestorUpdate #NykaaGrowth
