The net profit of the company has nearly doubled to Rs 50.2 crore in the third quarter of the current financial year from Rs 26 crore in Q3FY25
As Mamaearth returned to double-digit growth during the quarter, Honasa Consumer’s Q3 revenue from operations on a like-for-like (LFL) basis stood at Rs 630 crore, up 21.7 per cent year-on-year (YoY). This marked the highest-ever quarterly revenue for the company.
The net profit of the company nearly doubled to Rs 50.2 crore in the third quarter of the current financial year from Rs 26 crore in Q3FY25. The company reported profit after tax (pat) of Rs 55 crore (before exceptional items). Underlying volume growth (UVG) in Q3 stood at 30.2 per cent, reflecting steady consumer demand across the core business. The company stated that the focus categories delivered growth over 25 per cent.
“Our focus categories continued to anchor performance, reaffirming the strength of our category-first growth playbook. We remain committed to building scale through disciplined execution and long-term value creation. Aspirational Gen Z-led communication, market-beating formulations, and focused investment choices translated into stronger traction and market share gains across key categories,” stated Varun Alagh, Chairman, Chief Executive Officer and Co-founder, Honasa Consumer.
In a regulatory filing, the company added that Mamaearth returned to double-digit growth during the quarter, supported by product superiority and sharpened investment, resulting in market share gains and traction in focus categories. Younger brands continued to build scale, recording over 25 per cent growth.
The Derma Co. sustained strong momentum, maintaining a double-digit earnings before interest, taxes, depreciation and amortisation (Ebitda) profile while scaling efficiently. The company pointed out that offline execution continued to improve with a focus on the top 100 towns. Direct outlet coverage crossed one lakh outlets, while total distribution expanded over 25 per cent YoY to 2.7 lakh outlets.
“As we move ahead, our focus remains clear- strengthen fundamentals, invest in better science and sharper execution, and continue building Honasa as a House of Purposeful Brands anchored in sustainable, long-term growth,” highlighted Ghazal Alagh, CIO and Co-founder, Honasa Consumer.
Continued investment in product re-innovation, with Mamaearth rice face wash and BBlunt intense moisture shampoo performing strongly against leading national and international competition, it added.
