Honasa Consumer Ltd., the parent entity of D2C brand Mamaearth, posted a 62.9% jump in its profit after tax (PAT) to INR 40.2 Cr in the June quarter (Q1) of the financial year 2024-25 (FY25) from INR 24.7 Cr in the same quarter of previous year on the back of increase in the sales of its beauty products
Mamaearth's operating revenue witnessed a strong growth of 19.3% on a year-on-year (YoY) basis and 17.3% sequentially to increase to INR 554 Cr in the reported quarter.
The brand had posted a PAT of INR 30.5 Cr on an operating revenue of INR 471.1 Cr in the preceding March quarter of FY24.
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