FMCG firm Honasa Consumer on Wednesday reported a net profit of ₹26 crore for the third quarter of the current financial year (Q3 FY25). The profit remained stable compared to the year-ago figure.
However, the company’s revenue grew 6% to ₹517.51 crore as against ₹488.21 crore in the year-ago quarter.
Reacting to the December quarter numbers, Honasa shares jumped 10.7% on the BSE during the intraday period to hit ₹226.65 per share.
In Q9 FY25, Honasa’s revenue reached ₹1,533 crore, showing a growth of 5.8% year-on-year (YoY), while in Q2FY25 revenue when adjusted for one-time inventory correction stood at ₹1,596 crore, showing a growth of 10.2% year-on-year.
It continued to strengthen its offline distribution through direct distributors in the top 50 cities.
Mamaearth grew market share and household penetration. As per a report by research firm NielsenIQ, the brand reached 2,16,814 FMCG retail outlets in India by December 2024, growing distribution by 22%.
“In Q3FY25, we remained committed to long-term growth by furthering the strategic implementation of Project Neev to strengthen our offline distribution through direct distributors in the top 50 cities.
Varun Alagh, Chairman & CEO and Co-Founder, Honasa Consumer said, “As we move forward, our vision remains focused on driving disruptive innovation, deepening offline penetration, and delivering unique value propositions to consumers.”
Honasa Consumer Ltd. is a digital-first beauty and personal care company with a diversified portfolio of six brands. Uniquely positioned to capture the growth trends shaping the BPC market, the company leverages data-driven innovation and a strong omnichannel distribution network.
