Nykaa shares rally nearly 4% on strong Q4 business update
Why it matters: Nykaa's strong Q4 FY2026 performance signals a potential turnaround for the company's growth trajectory.
- Nykaa's shares rallied nearly 4% following a robust Q4 FY2026 business update.
- The company anticipates its fastest revenue growth in 12 quarters, driven by a strong recovery in its fashion segment.
- Steady beauty sales and aggressive retail expansion are also contributing to the projected acceleration in full-year net sales.
Nykaa shares surged nearly 4% after reporting its strongest quarterly revenue growth in three years for Q4 FY2026, fueled by a significant rebound in its fashion segment and sustained beauty sales. This performance is expected to accelerate full-year net sales, supported by aggressive retail expansion and brand portfolio growth.

