06 Oct 2025 | 5 Mins Read
Nykaa shares rally on Q2 update showing GMV growth in 30s
Flipitmoney
Nykaa parent FSN E-Commerce Ventures reported a healthy performance with 20s% consolidated net revenue growth in Q2, driven by early festive season and renewed fashion growth. Beauty vertical expected 25% net sales value growth for 10th consecutive quarter, while fashion vertical saw mid-twenties NSV growth and low-twenties net revenue growth despite lag in marketing income.