Mamaearth parent’s profit surges 87%; Goyal defends Temple amid backlash
Honasa Consumer, the parent company of Mamaearth, registered an 87% YoY rise in net profit for Q2FY27, while revenue rose 36%. In other news, Deepinder Goyal has posted a series of updates on X amid backlash from some Indian doctors who criticised his wearable device Temple.
Honasa Consumer, the parent company of beauty & personal care brand Mamaearth, reported an impressive 87% increase in net profit for Q2FY27 (fiscal year 2027), driven by strong revenue growth. Q2 revenue reached Rs 731.18 crore, up 36% from the previous year, while profit totaled Rs 73.24 crore, a significant jump from Rs 39.22 crore a year earlier.
However, the company saw a dip in sequential profit, dropping to Rs 73.24 crore from Rs 90.44 crore in Q1FY27. Overall, for the six months of the fiscal year, Honasa Consumer reported a solid YoY revenue growth of 31%, with a net profit of Rs 163.69 crore, a remarkable 103% increase.
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