Nykaa expects mid-20% revenue growth in FY25, driven by strong performance in the beauty segment and an expanded store network.

The parent company of fashion and cosmetics store Nykaa, FSN E-Commerce Ventures, stated on Sunday that it anticipates sustained growth in the last quarter of fiscal year 2025 (Q4 FY25), with consolidated net sales probably rising between a low and mid-20 percent year-over-year (Y-o-Y).

The company expects its revenues to increase by 20 to 30 percent in FY25. The firm added in a statement that Nykaa's revenue growth is also expected for the entire fiscal year FY25 to be at comparable levels in the mid-twenties, reflecting steady growth across all quarters of FY25.

The business stated that the beauty vertical will remain a big growth driver and that its growth in gross merchandise value (GMV) is anticipated to remain well ahead of the industry in its low thirties.

Nykaa attributed its continued growth momentum to its efforts in customer acquisition, shop expansion, and the great retail performance of both acquired and homegrown brands.

The organization anticipates Q4 FY25 to exhibit net revenue increments at much lower growth levels compared to Q3 FY25. The lowering of net revenue growth numbers will mainly result from the muted performance of brands owned by Nykaa Fashion and reduced content-related activities in Q4 FY25, which generally peaks during the third quarter, the company has stated.

Due to significant sales during festivals, the company reported a massive increase of 51.3% in Q3 FY25 net profit. Compared to last year's figure of ₹17.45 crore, this year's net profit stood at ₹26.41 crore.