9 Key Takeaways From
Mamaearth’s
Financials
Honasa’s profit after tax surged
94% to INR 29.4 Cr
in Q2 FY24 compared to the year-ago period.
Revenue from operations jumped
21% to INR 496.1 Cr
compared to the year-ago period.
Expenses grew
18.2% to INR 464 Cr
in Q2 FY24 compared to INR 392.3 Cr in the year-ago period.
Mamaearth parent's EBITDA surged
53% YoY
to INR 40 Cr in Q2.
40%
Of Mamaearth's revenue came from Online Operations while growth in the offline channels stood at
33%
in H1 FY24.
Mamaearth also reported a
16% YoY
surge in its search numbers in the first half of the current fiscal year.
Honasa's median YoY growth stood at 33% while other FMCG brands reported only 8% growth.
Honasa’s The Derma Co. reported an
ARR of INR 380 Cr+
while Aqualogica, BBlunt and Dr. Sheth’s also reported staggering numbers.
The Financials came 2 days after Honasa’s shares experienced a
13% surge
in its intraday trading numbers.
Explore the detailed financials of the recently-listed Mamaearth.
Mamaearth Q2 Financials