Nykaa Q1 business update: Revenue expected to grow in mid-tw

Nykaa Q1 business update: Revenue expected to grow in mid-twenties; Beauty and Personal Care categories remains strong

Nykaa expects its Q1FY24 consolidated revenue to grow in the mid-twenties YoY, with strong demand in the beauty and personal care categories. However, it anticipates slower growth in the fashion category due to a discretionary spending slowdown.

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