GMV of the fashion vertical contributed 25.3% to consolidated GMV of Nykaa in FY22 Orders for Nykaa’s fashion business more than doubled to 52 Lakh in FY22 from 24 Lakh in FY21.
Nykaa’s monthly average unique visitors for its fashion vertical grew 60% YoY to 1.6 Cr in the March quarter of FY22.
The gross merchandise value (GMV) of ecommerce platform Nykaa’s fashion vertical grew 168% year-on-year (YoY) to INR 1,751 Cr in financial year 2021-22 (FY22).
The startup on Friday reported a 33% decline in profit after tax (PAT) at INR 41.3 Cr in FY22. While the beauty and personal care (BPC) continued to contribute the highest value to its total GMV, the nascent fashion vertical, Nykaa Fashion, contributed 25.3% to its consolidated GMV for the year.