FSN E-Commerce Ventures Limited — Important, 06-07-2025: Updates

Nykaa has announced a board meeting on upcoming dates to discuss the financial results for the quarter and half-year. Q1 FY26 consolidated net revenue is expected to grow in the low to mid-20% range, with GMV growth surpassing mid-20%, reflecting sustained momentum. The Beauty vertical posted strong GMV growth in the high mid-20s despite geo-political headwinds affecting sales during the flagship sale. The Fashion vertical saw GMV growth in the mid-20% range and net revenue growth improving sequentially to mid-teens, supported by broader assortment and customer acquisition. House of Nykaa brands continue accelerating growth.