Nykaa expects Q3 consolidated net revenue growth to exceed the mid-20s year-on-year, up from 24% in Q2. It is driven by sustained BPC momentum across its e-commerce platform, retail stores, owned brands, and eB2B distribution.
Nykaa projects BPC revenue growth to stay above mid-20s, in line with its strategy to outpace the online BPC compound annual growth rate (CAGR) of 19-20%.
This story is from the January 09, 2025 edition of Mint Ahmedabad.
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This story is from the January 09, 2025 edition of Mint Ahmedabad.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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