Mamaearth Parent Honasa Consumer Reports Over Two-Fold Jump In Q1 FY27 Profit To ₹90.45 Crore
New Delhi, August 13: Honasa Consumer Ltd on Thursday reported a more than two-fold jump in consolidated net profit to Rs 90.45 crore for the June quarter of FY27, driven by growth in its core brands. The owner of beauty and personal care brands such as Mamaearth and The Derma Co, reported a net profit of Rs 41.32 crore in the April-June period a year ago, according to a regulatory filing. Honasa…
New Delhi, August 13: Honasa Consumer Ltd reported a more than two-fold increase in consolidated net profit to ₹90.45 crore for the June quarter of FY27. The growth was attributed to the success of their core brands, including Mamaearth and The Derma Co. The company's net profit in the April-June period of the previous year was ₹41.32 crore.
Honasa Consumer's revenue from operations saw a 27% increase year-on-year, reaching ₹755.94 crore in the June quarter of FY27, compared to ₹595.25 crore in the same period of the previous year. Total expenses rose by 17% YoY, amounting to ₹659.27 crore in the quarter under review. Total income increased by 25.73% to ₹778.45 crore.
The company's Co-founder and CEO, Varun Alagh, stated that the company achieved its highest-ever quarterly revenue and profit, with EBITDA more than doubling to ₹110 crore. He highlighted that the growth is coming from both core and younger brands, with the company's Focus Categories growing by 35% or more, and demand being stronger across General Trade, Modern Trade, and e-commerce.
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