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Sugar Cosmetics cuts losses by 41% in FY26, revenue dips 11%

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Sugar Cosmetics cuts losses by 41% in FY26, revenue dips 11%

After a difficult period for the beauty and personal care brand, Sugar Cosmetics showed some improvement in its financial performance in FY26, with a sharp reduction in expenses helping it narrow losses. However, the company continued to face pressure on revenue, which declined for the fiscal year ending March 2026.

Sugar Brands, the parent entity of Sugar Cosmetics, reported revenue from operations of Rs 361 crore in FY26, down 10.7% from Rs 404.4 crore in FY25, according to its consolidated financial statements reviewed by Entrackr. Including other income of Rs 2.85 crore, its total income stood at Rs 364 crore, compared with Rs 411.7 crore in the previous fiscal.

The decline in revenue came amid a challenging period for the company, which has faced pressure in a competitive beauty market. Its expenses, however, fell at a faster pace than revenue. Total expenses declined 18.9% to Rs 443 crore in FY26 from Rs 546.5 crore in FY25.

Advertising and sales promotion remained the largest expense item, although the company cut this outlay by 28.9% to Rs 119.4 crore from Rs 168 crore in FY25. Employee benefit expenses fell 21.2% to Rs 58.7 crore, while outsourced support services costs declined to Rs 61.4 crore from Rs 76 crore. Finance costs also decreased 34.8% to Rs 5.6 crore.

3 crore in the previous year. 35 in FY25. 51%.



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