Sugar Cosmetics Founder, Owner, Value, Revenue & Net Worth

SUGAR Cosmetics is a well-known Indian cosmetics brand founded in 2015 by Vineeta Singh and Kaushik Mukherjee. The brand has gained popularity for its extensive range of makeup products tailored specifically for Indian consumers. Over the years, SUGAR Cosmetics has become a major player in the beauty industry with a wide presence in both online and offline retail.

SUGAR Cosmetics Company Growth and Financials

• SUGAR Cosmetics Revenue: In the fiscal year 2023 (FY23), SUGAR Cosmetics reported an operating revenue of INR 420.2 crore, an impressive 89% increase from the previous year. This significant growth is largely due to the company shift from being an online-only platform to an omnichannel model, expanding its reach to over 40,000 retail outlets across more than 550 cities in India.

• SUGAR Cosmetics Net Worth: SUGAR Cosmetics net worth is estimated at INR 300 crore. With continued product expansion and increasing consumer demand, the company net worth is projected to reach INR 500 crore in the near future.

• SUGAR Cosmetics Losses: Despite its robust revenue growth, the company recorded a net loss of INR 76.2 crore in FY23, which was slightly higher than the INR 75.9 crore loss in the previous year. The losses are mainly attributed to the high costs of marketing and operations.

SUGAR Cosmetics Product Offerings

SUGAR Cosmetics is known for its wide range of makeup and skincare products, including:

• Lipsticks
• Eyeliners
• Foundations
• Setting powders
• Skincare items like face creams and serums.

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