Loreal's India business almost touched Rs 5,000 crore in FY23, with profit up 16.8% to Rs 488.3 crore
This is the highest in the last five years, as it had reported Rs 3,738.69 crore in FY22 and Rs 2,858.37 crore in FY21. It was at Rs 3,461.41 crore in the pre-pandemic FY20 and Rs 3,274.44 crore in FY19.
L'oreal India's other income was also rose 83.8 per cent to Rs 41 crore for the financial year that ended on March 31, 2023. Image Courtesy: Reuters.