Reliance Brands halves losses to ₹137 cr as Sephora powers 44.6% revenue jump
Reliance's luxury retail arm posted FY26 revenue of ₹3,494 cr across 935 stores and 762 shop-in-shops, with premium beauty led by Sephora driving growth. Indian designer labels Rahul Mishra, Ritu Kumar, AK-OK and Abu Jani Sandeep Khosla remained loss-making despite India's luxury market doubling toward $18.8bn by 2034.
Reliance Brands FY26 revenue rose 44.6% to ₹3,494 cr with losses halved to ₹137 cr; Sephora and premium beauty led growth, while Indian designer labels Rahul Mishra, Ritu Kumar, AK-OK and Abu Jani Sandeep Khosla remained loss-making.