Honasa Targets Double-digit Revenue Growth This Fiscal: Report
Brands Companies Consumer

Honasa Targets Double-digit Revenue Growth This Fiscal: Report

The report states that the company is expecting brick-and-mortar growth, an uptick in the newer skincare brands as well as a revival of Mamaearth

While the company is making efforts to revive its flagship Mamaearth brand, Honasa Consumer, which owns beauty brands, is aiming to clock double-digit revenue growth in this financial year (FY26), as per a report by Reuters.

The report added that the company is looking to expand to another 50,000 stores in the ongoing fiscal year, as it currently serves over 1,00,000 stores directly. To drive the double-digit revenue growth, the company is expecting brick-and-mortar growth, an uptick in the newer skincare brands as well as a revival of Mamaearth, as per the report.

Marking a decline in its performance, Honasa Consumer, the parent company of Mamaearth, has seen its net profit dip 18 per cent in the fourth quarter of fiscal year 2025 (Q4FY25). The net profit declined to Rs 24.9 crore in Q4FY25 from Rs 30.5 crore in Q4FY24. The company’s full-year profit fell sharply by 32 per cent to Rs 72.6 crore, down from Rs 110.5 crore in FY24.

In its regulatory filings, the company also noted a sequential decline in Q4 profit, falling from Rs 26 crore in the preceding quarter. Despite the profit dip, Honasa recorded a growth in revenue from operations, reaching Rs 533.5 crore in Q4 FY25, up from Rs 471 crore in Q4 FY24 and Rs 517.5 crore in Q3 FY25. For the full year, consolidated revenue rose 8 per cent to Rs 2,066.9 crore compared to Rs 1,919.9 crore in FY24. (With Reuters Inputs)

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