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CosmicTaco

Nykaa Projects 26% Q3 Revenue Surge Amid Competitive Pressures

  • Nykaa forecasts a 26% revenue growth for Q3, potentially reaching Rs 2,253.88 crore, driven by robust beauty sales despite rising competition.
  • Shares of Nykaa rose by 3% post-disclosure, showing market confidence in its growth trajectory and business model.
  • Despite strong beauty segment performance, Nykaa's fashion vertical struggles, facing intense rivalry from Myntra and Ajio.

Source: The Arc

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2mo ago
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Software Engineers
by SqueakyHamsterProduct Designer

Things aren’t good at Nykaa

I left the product design team of Nykaa a few days back & I foresee things going from bad to nasty. My x colleagues are telling me how a large bunch of folks are put on PIP deliberately. Almost all of them have gotten no or single digit ...

Top comments
user

Time to short Nykaa Shares

user

Om shanti 🙏🏽

user

Man when will things turn around 😓. Everywhere it’s getting difficult to stay

Company Reviews
by QuirkyHamsterNykaa

Nykaa Data Team Review

I have received a Software Development Engineer (SDE) 2 offer from Nykaa. However, I've heard mixed reviews about their company culture and benefits.

Could someone from the data team in Bangalore provide some insights?

@nykaa