Nykaa posted good Q2 performance with net revenue growth in late 20s and strong fashion business growth

Mon 5 Oct 2026

Net revenue growth

late 20s percent

Fashion NSV growth

early 40s percent

Fashion net revenue growth

late 40s percent

Heard on business television between 11:46:37 - 11:49:37 IST.

• Net revenue grew in the late 20s percent range; beauty vertical also saw late 20s growth.
• Fashion business, which did extremely well last quarter, continued strong performance this quarter.
• NSV and net revenue for fashion were up in late and early 40s percent respectively.
• Growth came on a high base from last year's first quarter, with good visibility expected for next quarter.

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