Mamaearth Q1: PAT Jumps 63% To INR 40 Cr, Operating Revenue Rises 19% YoY

Mamaearth Q1: PAT Jumps 63% To INR 40 Cr, Operating Revenue Rises 19% YoY

SUMMARY

Mamaearth’s operating revenue witnessed a strong growth of 19.3% on a year-on-year basis and 17.3% sequentially to increase to INR 554 Cr in the reported quarter

Honasa’s product business grew by 20.3% on the back of underlying volume growth of 25.2% in Q1 FY25

Honasa chairman and CEO Varun Alagh said focus on a data-driven, consumer-centric strategy has led to a 9% contribution from new products to its revenue

Honasa Consumer Ltd, the parent entity of D2C brand Mamaearth, posted a 62.9% jump in its profit after tax (PAT) to INR 40.2 Cr in the June quarter (Q1) of the financial year 2024-25 (FY25) from INR 24.7 Cr in the same quarter of previous year on the back of increase in the sales of its beauty products.

Mamaearth’s operating revenue witnessed a strong growth of 19.3% on a year-on-year (YoY) basis and 17.3% sequentially to increase to INR 554 Cr in the reported quarter.

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