Nykaa Q3 preview: Sales, PAT may see double-digit growth, view on margin mixed
It expects sales to grow by 40% YoY, driven by a 35% growth in beauty and personal care (BPC) category and a 41% growth in fashion gross merchandise value (GMV). EBITDA margin is expected to contract 77 basis points sequentially to 5.5%, but on a YoY basis, it is seen expanding by 55 bps.
