Sugar Cosmetics’ revenue up 20% to Rs 505 cr in FY24
In the previous year, Sugar Cosmetics' revenue stood at Rs 420.28 cr
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Published: Nov 13, 2024 11:30 AM | 1 min read
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Beauty and personal care brand Sugar Cosmetics has reported a 20% rise in its operating revenue for FY24. With this increase, the revenue has crossed the Rs 500 crore mark to stand at Rs 505.10 crore. In the previous year, Sugar Cosmetics' revenue stood at Rs 420.28 crore.
According to the regulatory filings made with the Registrar of Companies (RoC), the company had said that it managed to reduce its losses by 11.3% to Rs 67.58 crore from Rs 76.24 crore in FY23.
The brand, which operates across multiple sales channels including e-commerce, quick commerce, and general trade, has continued to scale its operations.
In May 2022, Sugar Cosmetics raised $50 million in a funding round led by L Catterton, with support from existing investors A91 Partners, Elevation Capital, and India Quotient.
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