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Honasa Q1 Profit More Than Doubles To ₹90 Cr, Revenue Up 27% YoY

Mamaearth parent Honasa Consumer’s consolidated net profit more than doubled to ₹90.5 Cr in the quarter ended June 2026 from…

Honasa Q1 Profit More Than Doubles To ₹90 Cr, Revenue Up 27% YoY

Honasa Consumer, the parent company of Mamaearth, reported a more than doubling of its consolidated net profit to ₹90.5 Cr in Q1 2026, up from ₹41.3 Cr in the same period last year. Operating revenue grew by 27% YoY to ₹755.9 Cr, with sequential growth of 15% to ₹657.1 Cr. Total income reached ₹778.5 Cr, a 26% increase from the previous year, while total expenses rose 17% YoY and 11% QoQ to ₹659.3 Cr.

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KAI Union Warns Against Hanwha Stake Increase

The labor union of Korea Aerospace Industries (KAI) is drawing attention for opposing Hanwha Group’s stake increase and urging the Fair Trade Commission to disallow the business combination.

  • KAI union opposes Hanwha's 15.89% stake increase, citing potential conflicts of interest.
  • Hanwha has been purchasing KAI shares since November, securing the stake as of August 10.
  • Union acknowledges government manages defense procurement, limiting Hanwha's unilateral control.

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