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L’Oréal reports robust performance across India’s beauty market

L’Oréal reports robust performance across India’s beauty market

Laaheerie P
October 23, 2025

French beauty giant L’Oréal has recorded robust growth in its Consumer and Professional Products divisions in India during the first nine months of 2025, reflecting the country’s position as one of the fastest-growing beauty markets globally. Both divisions contributed significantly to overall revenue, driven by strong consumer demand, expanding digital sales channels, and strategic brand positioning across mass-market and premium segments.

L’Oréal, the world’s leading cosmetics and personal care company, has reinforced India’s strategic role in its global growth story, reporting strong performance across both consumer and professional products for the nine months ended September 2025.

Founded in 1909 in France, L’Oréal operates in over 150 countries with a portfolio spanning four main divisions: Consumer Products, L’Oréal Luxe, Professional Products, and Active Cosmetics. Globally, the company posted €32.80 billion in sales in the first nine months of 2025, reflecting consistent growth driven by innovation, brand diversification, and expansion into emerging markets.

In India, L’Oréal has emerged as one of the fastest-growing beauty markets. The company reported FY25 revenue of ₹5,925.33 crore, with profit rising 22.6% to ₹597.54 crore. L’Oréal operates manufacturing plants at Chakan (Maharashtra) and Baddi (Himachal Pradesh), supported by Research & Innovation centers in Mumbai and Bengaluru, and employed 1,832 staff as of FY25 closure.

The SAPMENA-SSA (South Asia Pacific, Middle East, North Africa, Sub-Saharan Africa) region recorded €3.06 billion in sales, up 11% on a like-for-like basis and 8.1% on a reported basis. India, alongside Vietnam, GCC countries, Thailand, and the Australia-New Zealand cluster, led regional growth. This performance was attributed to a combination of volume expansion and improved product mix, bolstered by a surge in online and e-commerce channels, which played a crucial role in driving urban and semi-urban demand.

L’Oréal’s Professional Products division achieved €3.77 billion in sales, up 7.4% like-for-like, with strong performance across Europe and emerging markets, including Brazil, Mexico, GCC, and India. Its Consumer Products division reported €12.17 billion in revenue, up 3.1% like-for-like, with emerging markets remaining key growth drivers.

Indian Milestones and Market Position :

• Expanded its portfolio to 26 brands, covering both mass-market and premium professional segments.

• Mass-market brands include L’Oréal Paris, Garnier, Maybelline New York, and NYX Professional Makeup, catering to a wide range of consumer needs.

• Professional and salon-focused brands such as L’Oréal Professionnel, Matrix, Kérastase, and Redken target premium salon experiences.

• Growth in digital and e-commerce channels has become a key contributor, especially in Tier-1 and Tier-2 cities.

• Investments in manufacturing and R&D facilities have strengthened India’s capacity for innovation and local production, aligning with global sustainability and product development initiatives.

This multi-tiered brand strategy allows L’Oréal to capture a wide consumer spectrum, from luxury shoppers to mass-market buyers, while maintaining strong penetration across retail, e-commerce, and salon channels.

Commenting on the results, CEO Nicolas Hieronimus said, “Broad-based progress across regions, including strong performance in SAPMENA-SSA, has more than offset softness in Latin America.” Analysts highlight that India’s growth demonstrates how emerging markets and digital adoption are driving global beauty sector expansion.

According to media reports, the L’Oréal global board visited India in October, emphasizing the country’s significance as a key pillar in the company’s long-term expansion strategy.

L’Oréal’s India performance highlights the convergence of digital penetration, robust brand portfolio, and emerging market momentum as critical growth drivers. With continued investment in innovation, R&D, and distribution networks, L’Oréal is well-positioned to strengthen its leadership in India’s beauty sector while contributing meaningfully to global revenue growth.

Based on recent trends and market dynamics, L’Oréal India’s revenue is expected to continue its strong growth trajectory in the coming years. With a FY25 revenue of ₹5,925.33 crore and profit growth of 22.6%, the company is well-positioned to benefit from India’s expanding beauty and personal care market, projected to grow at a 10–12% CAGR. Contributions from both the Consumer and Professional Products divisions, coupled with rapid adoption of digital and e-commerce channels, are likely to accelerate sales, particularly in Tier-2 and Tier-3 cities. Additionally, L’Oréal’s local R&D and innovation centers in Mumbai and Bengaluru are expected to drive new product launches tailored to Indian consumers, further boosting growth. Considering these factors, a conservative estimate for FY26 revenue would be ₹6,500–6,800 crore, while an optimistic scenario with strong digital adoption, emerging market performance, and premium product success could push revenue to ₹7,000–7,200 crore. Key drivers of future growth will include expansion of premium and professional product lines, continued investment in omnichannel sales, rising consumer awareness, and strategic marketing initiatives.