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Mamaearth net profit rises 93% to ₹29 cr in Q2
The Morning Standard
|November 23, 2023
HONASA CONSUMER, the parent firm of Mamaearth, Wednesday reported a 93% increase in its net profit to ₹29.4. crore for the September quarter of this fiscal. Last year during the same quarter, it recorded ₹15 crore profit.
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Its consolidated revenue from operations for the second quarter stood at ₹496.1 crore, a 21% increase from 410.4 crore reported in the year-ago period.
Varun Alagh, Chairman and CEO, Honasa Consumer, said, "Beauty market in India is brimming with opportunities.
This story is from the November 23, 2023 edition of The Morning Standard.
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