Wow Skin Science’s financial report card in FY23

While leading D2C brands such as MamaEarth and Minimalist managed to double their scale in the last fiscal year, Wow Skin Sciences witnessed a dip in its income along with widening losses as its global presence especially in the US contracted significantly. The six-year-old firm’s operational income fell 24.1% to Rs 258 crore in FY23 from Rs 340 crore in FY22.