Renee Cosmetics hits Rs 440 Cr in FY26, trims losses 45% as Tier II/III bet pays off
D2C beauty brand Renee grew revenue 37% YoY to Rs 440 Cr in FY26, with net loss narrowing to Rs 36.4 Cr. Offline retail, quick commerce and Tier II/III expansion drove gains, though promo spend still consumed nearly half of revenue against a 75% gross margin.
Renee Cosmetics grew FY26 revenue 37% YoY to Rs 440 Cr, narrowing net loss 45% to Rs 36.4 Cr. Growth driven by offline retail, quick commerce, and Tier II/III expansion, though sales/promo spend hit nearly half of revenue.
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