Honasa Consumer Posts Record Quarterly Sales as Profit Nearly Doubles in Q3
Management signals a pivot toward margin gains with tighter capital use.
Overview
- Revenue from operations rose 16.23% year-on-year to Rs 601.54 crore, marking the company’s highest-ever quarterly revenue.
- Consolidated profit after tax increased 92.9% to Rs 50.2 crore compared with the year-ago period.
- Mamaearth returned to double-digit growth, driven by product improvements and sharper investment choices that lifted market share.
- The Derma Co. continued to scale with a healthy double-digit EBITDA profile, while younger brands grew over 25% across focus categories such as moisturizers and sunscreens.
- Offline reach expanded as direct outlet coverage crossed 100,000 and total distribution grew over 25% year-on-year to about 270,000 outlets; shares rose roughly 2.2% to about Rs 299.