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Honasa Q1 profit up marginally
August 13, 2025
|Financial Express Chennai
HONASA CONSUMER, THE parent entity of beauty and personal care brand Mamaearth, posted a 2.6% year-on-year rise in profit to ₹41 crore in the June quarter.
"There is some impact on growth from our largest category, sunscreen, due to an early onset of monsoon," noted chairman and CEO Varun Alagh, on the post-earnings call with analysts. On a company level, the impact from sunscreen was about 200 basis points, he added.
Revenue during the quarter rose 7% y-o-y to ₹595 crore while operating margin came in at 7.7% compared to 8.3% in the year-ago quarter.
On the earnings call, the management noted that margins are expected to be around 7% for the rest of the financial year. The aim is to improve profitability by 100-150 basis points each year, Alagh added.
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