2 weeks ago
Honasa Consumer's quarterly profit more than doubles to ₹90.45 crore
Honasa Consumer is a company that makes beauty and personal care products, including brands like Mamaearth and The Derma Co.
The company just shared how much money it made in the first three months of its new financial year.
It earned a profit of Rs 90.45 crore, which is more than twice what it earned during the same months last year.
It also brought in more money from selling its products, about Rs 755.94 crore instead of Rs 595.25 crore.
The company says this was its best quarter ever for revenue and profit.
The growth came from both its older, well-known brands and its newer brands.
Its Focus Categories grew by more than 35 per cent.
Demand was stronger in general stores, modern trade, and online shopping.
Because of the good news, the company's shares went up a little bit on the stock market.
Honasa Consumer Ltd reported a consolidated net profit of Rs 90.45 crore for Q1 FY27, more than double the Rs 41.32 crore posted a year earlier.
Revenue from operations rose 27 per cent year-on-year to Rs 755.94 crore in the June quarter.
Total expenses increased 17 per cent YoY to Rs 659.27 crore, while total income grew 25.73 per cent to Rs 778.45 crore.
EBITDA more than doubled to Rs 110 crore, which the company described as its highest-ever quarterly revenue and profit.
Shares of Honasa Consumer settled at Rs 481.20 apiece on the BSE, up 2.84 per cent.
- Who
- Honasa Consumer Ltd, owner of beauty and personal care brands including Mamaearth and The Derma Co, led by Co-founder and CEO Varun Alagh.
- What
- Reported a more than two-fold jump in consolidated net profit to Rs 90.45 crore for Q1 FY27, with revenue from operations up 27 per cent to Rs 755.94 crore.
- Where
- New Delhi, India; shares trade on the BSE.
- When
- For the June quarter (April-June) of FY27, reported on Thursday, August 13.
- Why
- Growth driven by its core brands, with Focus Categories growing 35%+ and stronger demand across General Trade, Modern Trade and e-commerce.
Key facts
- Company
- Honasa Consumer Ltd
- Quarter
- Q1 FY27 (April-June)
- Net Profit
- Rs 90.45 crore (vs Rs 41.32 crore a year ago)
- Revenue from Operations
- Rs 755.94 crore, up 27% YoY
- EBITDA
- Rs 110 crore, more than doubled
- Total Expenses
- Rs 659.27 crore, up 17% YoY
- Share Price
- Rs 481.20 on BSE, up 2.84%
Quotes
Varun Alagh
Co‑founder and CEO of Honasa Consumer Ltd
“"We delivered our highest‑ever quarterly revenue and profit, with EBITDA more than doubling to Rs 110 crore. What stands out for us is that this growth is coming from both our core and younger brands."”
freepressjournal.in
Sources
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