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Mamaearth-parent Honasa returns to profitability in Q3 FY25

Entrackr · 10d

Mamaearth-parent Honasa returns to profitability in Q3 FY25 After a slight dip in revenue in Q2 FY25, the company rebounded, recording Rs 517 crore in revenue for Q3 FY25. Moreover, it returned to profitability during the same period. Mamaearth's revenue from operations increased by 5.9% YoY to Rs 517 crore in Q3 FY25 from Rs 488 crore in Q3 FY24, its consolidated financial statements accessed from the National Stock Exchange (NSE) show. The sale of beauty, personal care, and related products across skin, hair, and baby care was the sole source of revenue for Honasa. It also added Rs 19.2 crore from non-operating activities which tallied its overall revenue to Rs 536.7 crore in Q3 FY25. For the D2C brand, the cost of procurement of products accounted for 27.8% of the overall expenditure. This cost increased by 16.5% to Rs 141 crore in Q3 FY25 from Rs 121 crore in Q3 FY24. Its employee benefits, marketing, legal, rent, and other overheads pushed the total expenditure up by 9.3% year-on-year to Rs 507 crore in Q3 FY25 from Rs 464 crore in Q3 FY24. This is a developing story...