Nykaa projects late-20% growth in fourth quarter GMV
Indian retailer Nykaa expects its fourth quarter consolidated gross merchandise value to grow in the late-20% range. The company shared these figures today.
FSN E-COMMERCE VENTURES LTD has announced its performance expectations for the final quarter of the fiscal year, highlighting a positive trajectory for the retail sector in India. The prominent fashion and beauty retailer anticipates significant growth in its consolidated gross merchandise value (GMV) as it concludes its latest reporting period.
According to a recent update from the company, the consolidated GMV is projected to grow in the high-20% range for the fourth quarter. This growth reflects the retailer's continued expansion and sustained consumer demand within the competitive beauty and fashion markets.
