Mosaic Wellness Revenue Doubles to ₹736 Cr in FY25

Mosaic Wellness, parent of Man Matters and Bodywise, doubled its revenue to ₹736 crore in FY25 from ₹333 crore in FY24. The company significantly reduced losses from ₹39 crore to ~₹12 crore due to improved cost efficiencies and better contribution margins. Marketing and raw material expenses formed major cost heads, but the company’s spend-to-revenue ratio improved notably. With a cash balance of ~₹49 crore, Mosaic is positioned close to break-even. The article highlights how digital wellness brands are achieving scale while tightening unit economics in India’s D2C ecosystem.