India's Nykaa's rises after fourth quarter update

Fsn E-Commerce Ventures

06/04/2026 05:59

** Shares of beauty retailer FSN E-commerce Ventures (Nykaa) FSNE.NS rises as much as 3.8% to 255.5 rupees

** Co expects Q4 consolidated gross merchandise value (GMV) and revenue, FY net sales value (NSV) to grow in the late-20% range

** Co's FY revenue expected to improve to upper-end of mid-20%

** Nykaa's fashion vertical GMV growth forecast at late-20%, while NSV growth ahead at early 40%

** Co doesn't expect any material impact of the West Asia conflict on Q4

** Out of 23 analysts tracking the stock, 11 rate it buy or higher, while six remain hold, and six rate sell or lower - data compiled by LSEG

** Stock down about 4% YTD

(Reporting by Pranav Kashyap in Bengaluru)

((pranav.kashyap@tr.com; +919886482111;))