CosmicTaco

Nykaa Projects 26% Q3 Revenue Surge Amid Competitive Pressures

CosmicTaco · 2025-01-07T11:04:14.066357+05:30

- Nykaa forecasts a 26% revenue growth for Q3, potentially reaching Rs 2,253.88 crore, driven by robust beauty sales despite rising competition. - Shares of Nykaa rose by 3% post-disclosure, showing market confidence in its growth trajectory and business model. - Despite strong beauty segment performance, Nykaa's fashion vertical struggles, facing intense rivalry from Myntra and Ajio. Source: [The Arc](https://www.thearcweb.com/article/nykaa-falguni-nayar-beauty-q3-ptwW08JfuSWnH1pr)

Nykaa forecasts a 26% revenue growth for Q3, potentially reaching Rs 2,253.88 crore, driven by robust beauty sales despite rising competition.
Shares of Nykaa rose by 3% post-disclosure, showing market confidence in its growth trajectory and business model.
Despite strong beauty segment performance, Nykaa's fashion vertical struggles, facing intense rivalry from Myntra and Ajio.

Source: The Arc