Nykaa forecasts strong FY2025 growth, especially in beauty, despite a recent share price dip.

Nykaa, a beauty and fashion retailer, forecasts Q4 revenue growth of low to mid-20%, with full-year FY2025 growth projected in the mid-20s. The beauty segment is a key driver, with expected growth over 30%, while fashion growth is lower at high teens due to weaker brand performance. Despite a recent 1.37% dip in share price, Nykaa's shares have gained 7.79% year-to-date in 2025.