Amway India reported a significant increase in losses for FY25, with total losses reaching Rs 74.25 crore, compared to Rs 53.38 crore in the previous year.
MUMBAI – Amway India has reported a widening loss for the financial year ending March 31, 2025. The company recorded a total loss of Rs 74.25 crore, up from a loss of Rs 53.38 crore in FY24.
According to financial data obtained from the business intelligence platform Tofler, Amway India’s revenue from operations decreased by 10.56 percent, falling to Rs 1,148.16 crore in FY25 from Rs 1,283.75 crore in the previous year.
In addition to the decline in revenue, the company’s total income, which encompasses other income sources, also saw a reduction of 9.2 percent, amounting to Rs 1,174.85 crore for the year.
Despite the drop in revenue, Amway India managed to implement cost-cutting measures. The company’s expenditure on advertising and sales promotion was significantly reduced by 40.6 percent, totaling Rs 36.20 crore in FY25.
Furthermore, the royalty payments made to its U.S.-based parent company, Alticor Global Holdings Inc., decreased by 15.7 percent, amounting to Rs 55.43 crore compared to Rs 65.74 crore in FY24.
Payments to Amway India’s sole selling agents also experienced a slight decline, decreasing by 2.73 percent to Rs 366.91 crore in FY25, down from Rs 377.22 crore the previous year.
Overall, the company’s total expenses decreased by 7.3 percent, totaling Rs 1,249.10 crore during the financial year.
Amway India operates as a wholly owned subsidiary of Alticor Global Holdings Inc., which is headquartered in Ada, Michigan. It is recognized as one of the largest direct selling companies globally, although the Indian subsidiary remains unlisted.
Segment-wise analysis reveals that Amway India experienced declines across all major product categories. The nutrition and wellness segment, the company’s largest, saw a revenue drop of 10 percent, bringing in Rs 703.58 crore in FY25.
The personal care segment, the second largest, faced a more pronounced decline of 13.6 percent, with revenues recorded at Rs 189.22 crore. Revenue from home care products also slipped by 2.65 percent to Rs 120.29 crore, while the beauty segment reported a 12 percent decrease, totaling Rs 96.59 crore for the financial year.
These financial results highlight the challenges faced by Amway India in a competitive market, as the company navigates through declining revenues while attempting to manage costs effectively, according to IANS.