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Mamaearth CMO Anuja Mishra resigns

EntrackrEntrackr · 11m ago
Mamaearth CMO Anuja Mishra resigns
Medial

Honasa Consumer Limited, the parent company of Mamaearth, has announced the resignation of Anuja Mishra, Chief Marketing Officer (CMO), with effect from the closure of business hours on June 30, 2025, due to personal reasons. According to the circular filed by Honasa Consumer, Varun Alagh, CEO and whole-time director of the company, will be the interim charge of CMO. Mishra joined Honasa in March 2022 as CMO where she oversaw marketing strategy for consumer group brands – Mamaearth, Bblunt, and The Derma Co. “Owing to certain personal reasons, I would like to submit my resignation from the position of Chief Marketing Officer at Honasa Consumer Limited, effective closure of business hours on 30th June, 2025,” the email screenshot disclosed in the circular shows. Earlier this week, the company also increased its ESOP pool by adding 24,61,350 ESOP options worth Rs 57 crore, a separate disclosure shows. During the third quarter of the last fiscal year (Q3 FY25), the company recorded a 5.9% revenue growth to Rs 517 crore, compared to Rs 488 crore in Q3FY24. However, its profits remained flat at Rs 26 crore in the same period. Honasa Consumer Limited ended Friday's trading session at Rs 233 per share, registering a total market capitalization of Rs 7,578 crore (approximately $890 million).

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Mamaearth-parent elevates Karan Bajwa and Avinash Dhagat to CXO roles

EntrackrEntrackr · 10m ago
Mamaearth-parent elevates Karan Bajwa and Avinash Dhagat to CXO roles
Medial

Honasa Consumer Limited, the parent company of personal care brand Mamaearth, has announced the elevation of two of its senior executives to top leadership positions, effective April 24. Karan Bajwa, who has been serving as Senior Vice President – Human Resources, has been promoted to Chief Human Resources Officer (CHRO). Meanwhile, Avinash Dhagat, formerly Senior Vice President – Supply Chain, has been elevated to Chief Supply Chain Officer (CSCO). With these promotions, both Bajwa and Dhagat are now designated as senior management personnel of the company. Bajwa joined Honasa in April 2021 and brings experience from leading companies such as Airtel and Reckitt. Dhagat, also with Honasa since April 2021, has previously held key roles at L’Oréal, Supermax, and Ashok Leyland. The development comes soon after the resignation of Anuja Mishra as Chief Marketing Officer (CMO) of Honasa. According to the circular filed by Honasa earlier this month, Varun Alagh, CEO and whole time director of the company, will be the interim charge of CMO. In Q3 FY25, Mamaearth returned to profitability with Rs 26 crore profit after tax and 5.9% YoY increase in its revenue to Rs 517 crore from Rs 488 crore in Q3 FY24.

Mamaearth-parent Honasa posts Rs 533 Cr revenue in Q4 FY25; Profit falls 17%

EntrackrEntrackr · 10m ago
Mamaearth-parent Honasa posts Rs 533 Cr revenue in Q4 FY25; Profit falls 17%
Medial

Honasa Consumer Limited, the parent company of Mamaearth, has reported a 13% growth in scale, while its year-on-year (YoY) profits decreased by 17% during the same period. Honasa Consumer Limited, based in Gurugram, announced its financial results for the fourth quarter of the last fiscal year (Q4 FY25). The company reported a 13% growth in scale, while YoY profits decreased by 17%. Mamaearth’s Q4 FY25 revenue from operations increased 13% YoY to Rs 533 crore from Rs 471 crore in Q4 FY24. For the full fiscal year (FY25), operating revenue increased 8% to Rs 2,067 crore from Rs 1,920 crore in FY24. The company also added Rs 20 crore from non-operating activities, tallying its overall revenue to Rs 554 crore for Q4 FY25. For FY25, total income was Rs 2,146 crore. The cost of procurement accounted for 30% of the overall expenditure, increasing 11% YoY to Rs 156 crore in Q4 FY25 from Rs 141 crore in Q4 FY24. Spending on employee benefits, marketing, legal, rent, and other overheads led to a 16% YoY rise in total expenditure to Rs 522 crore in Q4 FY25 from Rs 451 crore in Q4 FY24. Total expenses for FY25 were Rs 2,056 crore. The company reported a profit after tax of Rs 25 crore in Q4 FY25, a 17% decrease from Rs 30 crore in Q4 FY24. Profit for FY25 decreased to Rs 73 crore compared to Rs 110 crore in FY24. Recently, the company elevated Karan Bajwa and Avinash Dhagat to CXO roles, following Anuja Mishra's (CMO) resignation. Mamaearth parent’s shares closed at Rs 275, with a marketing capitalization of Rs 8,944 crore ($1.04 billion).

Former Union Health Secretary C.K. Mishra joins Practo’s board

EntrackrEntrackr · 7d ago
Former Union Health Secretary C.K. Mishra joins Practo’s board
Medial

Former Union Health Secretary C.K. Mishra joins Practo’s board Digital healthcare platform Practo has announced that former Union Health Secretary C.K. Mishra has joined its board of directors as an independent director. An Indian Administrative Service (IAS) officer with 37 years of public service, Mishra retired in 2020 after holding senior roles across health, environment, education, industry, and power. As Secretary at the Ministry of Health & Family Welfare, he oversaw large national health programmes and complex public health systems. According to Practo, his experience in building and governing infrastructure at scale will support the company as it expands its integrated healthcare platform. Mishra joins a board that has recently added TVG Krishnamurthy and Alexander Kuruvilla. The company said the additions will help strengthen governance and long-term platform resilience as it builds technology-led healthcare infrastructure globally. Commenting on the development, Mishra said, “Practo has built a neutral, technology-driven ecosystem connecting patients, providers, and payors. I look forward to contributing to this journey.” Founded in 2008 by Shashank ND, Practo connects users with more than 700,000 doctors and healthcare providers through its platform and also offers Insta, a hospital information management system used by over 500 clients across more than 1,200 facilities globally.

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