Body Cupid Pvt. Ltd. and its leading D2C skincare brand, Vau Skin Science, have reduced their losses by 40% to Rs. 130.2 crore for the financial year 2023-24. Last year, it was Rs 258.1 crore. The company has been struggling to reduce its losses this year.

According to the company's annual financial report, in FY 2024, revenue decreased by 10% to Tk 233.5 crore compared to Tk 258.1 crore in the previous fiscal year.

"We expect to reduce the losses further in the current fiscal. We are targeting full profit in the coming years with a break-even target in Q4... We also have adequate capital reserves for the next few years. So we expect a strong performance in 2025, "said Chaudhary, who is also the co-founder of Vau Skin Science.

Founded in 2014 by Karan Chaudhary and Manish Chaudhary, Voice Science is based in Bengaluru. The company offers a wide range of beauty and personal care products across categories such as skin, hair, bath & body, and nutrition.

As per reports for 2023, the beauty and personal care market in India is estimated to become a $28 billion market by 2030.