India, June 5 -- Beauty and personal care (BPC) startup RENEE Cosmetics' cofounder and CEO Ashutosh Valani told Inc42 that the brand cut its FY26 net loss by 46% to Rs.36 Cr from Rs.67 Cr incurred in the previous fiscal year.

Valani said that the D2C beauty startup's operating revenue for the fiscal jumped about 38% to Rs.440 Cr from Rs.320 Cr reported in the previous year. At the same time, its expenses grew 45% to Rs.290 Cr from Rs.200 Cr a year prior.

The uptick in the startup's top line helped it cut its EBITDA margin to -8% from -21% in FY25.

The improvement in the brand's margins was driven by notable improvement in its offline sales and repeat purchases. The CEO shared that RENEE's focus on offline retail is crucial, as 84% of t...