From Facewashes To Moisturisers: Honasa Delivers 99.2 Mn products In 2024
Over 26.2 million units of face wash were bought by consumers, solidifying its role as a must-have in daily skincare routines
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Honasa Denies Allegations Around Unsold Inventory, Unsettled Credit Notes
- by BW Retail World Bureau
- November 22, 2024
The distributors’ association had complained about large unsold inventory, leading to a Rs 300 crore financial burden to distributors
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Economy
Honasa Consumer Posts Loss Of Rs 18.57 Cr In Q2FY25
- by BW Retail World Bureau
- November 15, 2024
The total expenses of the company increased from Rs 463.98 crore in the second quarter of the previous fiscal (Q2FY24) to Rs 506.21 crore in Q2FY25
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Honasa Consumer Q3 Profit Jumps 265%, Revenue Up 28%
- by BW Retail World Bureau
- February 11, 2024
Honasa Consumer, which owns and runs Mamaearth, recorded a 265 per cent increase in total net profit of Rs 26 crore for the quarter ended December. It cost Rs 7.1 crore a year ago. Revenue from operations in the third quarter climbed 28 per cent year on year (YoY) to Rs 488 crore, up from […]
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Mamaearth Opens Its 100th Exclusive Store In Mumbai
- by BW Retail World Bureau
- January 18, 2024
Mamaearth, the flagship brand under Honasa Consumer opened its 100th exclusive brand outlet (EBO) in Mumbai. The Store was inaugurated by the founders- Ghazal Alagh & Varun Alagh along with the renowned influencer Nikhil Sharma and beauty and lifestyle influencer Shanice Shrestha Sharma. Mamaearth inaugurated its first store in early 2021. Over the past year, […]
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Honasa Consumer Stock Surges 6.2%, Closes With Rs 142Cr In Block Deal Gains
- by BW Retail World Bureau
- January 9, 2024
Stocks of Honasa Consumer, the parent firm of Mamaearth, surged by 10 per cent, hitting the upper circuit after reaching a record high of Rs 490.20 in the Monday trading session. This movement followed the exchange of 32.60 lakh shares, accounting for 1 per cent of the firm, during a block deal. The block deal […]
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Mamaearth Investor Cashes Out, Fireside Sells 1.9% Stake, Stock Falls
- by BW Retail World Bureau
- December 5, 2023
Fireside Ventures, a capital fund and the initial investor in Mamaearth during the seed round, executed a block deal on Tuesday, 5 December, selling 61 lakh shares of Honasa Consumer, the parent company of Mamaearth, which recently debuted on the stock exchange. As a result of this deal, the stock prices fell to Rs 367.15, […]
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Mamaearth Parent Reports 33% YoY Growth, Stocks Hit 20% Upper-circuit
- by BW Retail World Bureau
- November 23, 2023
Honasa Consumer, the recently listed parent company of Mamaearth, delivered strong financial numbers in its first half (H1) report ending 30 September 2023. The result boosted stock prices, to rally as high as 20 per cent to hit the upper-circuit. The digital first brand reported its H1 revenue to Rs 961 crore from operations, 33 […]
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Mamaearth Shares See Muted Debut On Stock Market
- by BW Retail World Bureau
- November 8, 2023
The shares of Honasa Consumer, which owns the beauty and personal care brand Mamaearth, saw a muted debut on the Indian stock exchanges with just over a 2 per cent premium on Tuesday. Honasa Consumer has listed at Rs 333 per share, against the IPO issue price of Rs 324. At the time of filing […]
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Honasa Consumer Sets IPO Date For 31 October With Rs 10,500 Cr Valuation Target
- by BW Retail World Bureau
- October 25, 2023
Honasa Consumer, the parent company of brands such as Mamaearth, The Derma Co, and BBlunt, aims to issue one of the most anticipated IPOs in the Indian consumer category on 31 October, according to several industry sources. The fast-growing D2C (direct-to-consumer) firm, which operates in the beauty, babycare, and skincare areas, was the first unicorn […]