From Stagnation to a Stunning Comeback After a dull FY24, Oziva, the nutrition and wellness brand now owned by Hindustan Unilever (HUL), has pulled off a dramatic turnaround.
After a dull FY24, Oziva, the nutrition and wellness brand now owned by Hindustan Unilever (HUL), has pulled off a dramatic turnaround. The company reported a 2.5X jump in revenue and managed to slash its losses by a staggering 90% in FY25.
According to filings with the Registrar of Companies (RoC), Oziva’s operating revenue climbed to Rs 258 crore in FY25, up from Rs 104 crore in FY24. Losses tumbled from Rs 43.5 crore to just Rs 4.5 crore.
For a brand that once struggled with growth, this is nothing short of a comeback story.
Oziva has cemented itself as a leader in plant-based nutrition and wellness. Its product portfolio includes:
Together, these categories made up 99% of its total revenue, all of it coming from the Indian market. Clearly, the wellness wave in India is fueling demand.
Interestingly, Oziva’s expenses didn’t shrink — they ballooned. Total costs surged 75% YoY to Rs 267 crore in FY25, up from Rs 153 crore in FY24. Yet, revenue growth outpaced expenses, allowing losses to nosedive.
Here’s the expense breakdown:
It’s clear that aggressive marketing and scaling costs were key to growth.
Despite the turnaround, Oziva isn’t fully profitable yet. Key financial indicators show:
These numbers highlight that while the brand has sharply reduced losses, there’s still work ahead before it consistently delivers profits.
Oziva’s rebound is significant for three reasons:
Oziva has flipped its narrative — from flat growth and heavy losses in FY24 to explosive revenue and near-breakeven numbers in FY25. With consumer demand soaring for plant-based health and nutrition, Oziva is positioning itself as a category leader in India’s booming wellness industry.
The big question: Will FY26 be the year Oziva finally turns profitable?
