Honasa Consumer, known for its brand Mamaearth, has reported a remarkable increase in its net profit for the March quarter, achieving Rs 69.4 crore. This marks a substantial year-on-year growth of 177.6%, compared to Rs 25 crore in the same quarter last year.
In addition to the impressive profit figures, the company's operating revenue also saw a 23% increase, reaching Rs 657 crore, up from Rs 533.5 crore in Q4 FY25. Sequentially, the net profit rose by 38.2% from Rs 50.2 crore.
Financial Highlights
- Net Profit: Rs 69.4 crore (up 177.6% YoY)
- Operating Revenue: Rs 657 crore (up 23% YoY)
- Q4 Expenses: Rs 594 crore (up from Rs 522 crore YoY)
- Dividend: Rs 3 per share announced
The company’s full fiscal year also showed strong performance, with operating revenue increasing by 15.7% to Rs 2,392 crore and net profit surpassing Rs 200 crore, significantly up from Rs 72.6 crore in FY25.
Strategic Growth
Varun Alagh, cofounder and CEO of Honasa Consumer, highlighted the company's consistent growth, stating, "We delivered three consecutive quarters of 20%+ growth, with Q4FY26 being our highest-ever quarter in both revenue and EBITDA." The declaration of the first-ever dividend reflects the company's confidence in its long-term prospects.
The company’s younger brands have also shown impressive growth, exceeding 40% year-on-year in FY26, while key categories like sunscreens and moisturizers grew over 35%.
Market Response
Following the announcement, Honasa Consumer’s shares increased by 0.83%, closing at Rs 360 on the National Stock Exchange.
