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Mamaearth's robust Q2 gets thumbs up from Jefferies with 50% upside

In response to the robust performance and positive management outlook, Jefferies has upgraded its earnings per share (EPS) estimates on Honasa Consumer stock by 5-6 percent ....

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Honasa Consumer share price 20 per cent upper circuit Q2FY24 results net profit doubles to Rs 30 crore

At around 10:25 am, shares of Honasa Consumer were up 19.99 per cent at Rs 423.75 apiece on the National Stock Exchange (NSE). This marked a massive turnaround for the company, which made a weak market debut after its initial public offering (IPO). ....

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Mamaearth Q2 results: Profit doubles to Rs 30 crore

Mamaearth Q2 earnings: The D2C unicorn s revenue rose 21 percent to Rs 496 crore ....

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Mamaearth Q2: Mamaearth Q2 Results: Profit soars 93% YoY to Rs 29 crore; revenue jumps 21%

Honasa said it is continuing to focus on strong offline distribution as well. As per NielsenIQ, brands of Honasa Consumer retailed at 1.65 lakh offline outlets in September 2023, an increase of 47% in offline distribution YoY. In the first half, the company clocked Rs 961 crore in revenue from operations, growing 33% YoY (like-for-like growth of continuing business was 36%). This was driven by volume growth of 35% YoY. ....

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