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Mamaearth parent Honasa Consumer’s consolidated net profit declined 18% to INR 25 Cr from INR 30.4 Cr in Q4 FY24. On a QoQ basis, the profit declined 3.8% from INR 26 Cr.
The D2C brand’s revenue from operations rose 13.3% to INR 533.6 Cr during the quarter under review from INR 471 Cr in the same period last year. Sequentially, it grew 31% from INR 517.5 Cr.
For the full fiscal year FY25, net profit declined 34.2% to INR 72.7 Cr from INR 110.5 Cr in the previous year. Operating revenue grew 7.6% to INR 2066.9 Cr in FY25 from INR 1919.9 Cr in the previous year.
(The story will be updated soon)
The post Mamaearth Q4: Profit Falls 18% to INR 25 Cr appeared first on Inc42 Media.
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