Please find enclosed herewith a communication on Nykaa (FSN E-Commerce Ventures Limited along with its subsidiaries) which is self-explanatory

Nykaa Q4 FY2026 revenue update - Consolidated GMV growth in late twenties; NSV growth in early thirties - Consolidated Net Revenue growth in late twenties, highest in 12 quarters - FY2026 NSV growth expected in late twenties; Net Revenue growth at upper mid-twenties - Beauty vertical GMV, NSV, Net Revenue growth in late twenties; improved GMV to NSV conversion - Fashion vertical Q4 GMV growth late twenties; NSV growth early forties; Net Revenue growth late thirties - Retail network expanded by 26 new stores and 11 Kiehl’s integrations; total 313 stores - Middle East exposure below 1%, no material impact from geopolitical issues