Nykaa Q1 revenue may rise 33% YoY, profit could jump on low base: Analysts

Nykaa Q1 results preview: Brokerages have broadly estimated the Ebitda margins to rise to 4.5-4.8 per cent. In the year-ago period and the March quarter, the Ebitda margins stood at 3.3 and 4 per cent

Analysts expect Nykaa parent FSN E-Commerce Ventures to report a 31-33 per cent yearly rise in consolidated revenues to around Rs 1,077 crore in the April-June quarter (Q1FY23). On a sequential basis, the revenue growth could be between 10-11 per cent.

The beauty and fashion e-commerce retailer will release its Q1FY23 numbers on Friday, July 5.

Notwithstanding the grim consumer sentiment due to inflation, the company’s revenue growth would be led by penetration in new geographies, foray in newer segments and due to a low base of last year, said JM Financial.

During the quarter, the company acquired and picked