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RENEE Cosmetics Sees 5X Revenue Increase in FY22, Despite Losses

 1 year ago
source link: https://nextbigwhat.com/renee-cosmetics-sees-5x-revenue-increase-in-fy22-despite-losses/
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RENEE Cosmetics Sees 5X Revenue Increase in FY22, Despite Losses

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  • New age beauty brand RENEE Cosmetics has ambitious goals of reaching Rs 200 crore in revenue by 2023 and Rs 500 crore by 2024.
  • RENEE Cosmetics saw a 5x increase in revenue in the fiscal year ending March 2022.
  • Despite the revenue increase, the company slipped into losses.
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