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  1. Honasa Consumer share price jumps 10% after firm posts 6% rise in Q3 revenue

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Honasa Consumer share price jumps 10% after firm posts 6% rise in Q3 revenue

Upstox

2 min read | Updated on February 13, 2025, 13:57 IST

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SUMMARY

Reacting to the December quarter numbers, shares of Honasa surged 10.7% on BSE to ₹226.65 apiece during the intraday period

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The company's revenue, however, jumped 6% to ₹517.51 crore as against ₹488.21 crore in the year-ago quarter.

The company's revenue, however, jumped 6% to ₹517.51 crore as against ₹488.21 crore in the year-ago quarter.

FMCG firm Honasa Consumer on Wednesday posted a net profit of ₹26 crore for the third quarter of the current fiscal (Q3 FY25). The profit remained flat when compared to the year-ago figure.

The company's revenue, however, jumped 6% to ₹517.51 crore as against ₹488.21 crore in the year-ago quarter.

Reacting to the December quarter numbers, shares of Honasa surged 10.7% on BSE to ₹226.65 apiece during the intraday period.

For 9MFY25, Honasa’s revenue reached ₹1,533 crore, 5.8% year-on-year (YoY) growth, while revenue when adjusted for onetime inventory correction in Q2FY25 stood at ₹1,596 crore, 10.2% YoY growth.

The continued to strengthen its offline distribution through direct distributors in the top 50 cities.

Mamaearth grew in market share and household penetration. The brand reached 2,16,814 FMCG retail outlets in India as of Dec’24, increasing distribution by 22% YoY, as per research firm NielsenIQ’s report.

“In Q3FY25, we remained committed to long-term growth, advancing the strategic implementation of Project Neev to strengthen our offline distribution through direct distributors in the top 50 cities. As we scale, our vision remains centered on driving disruptive innovation, deepening offline penetration, and delivering unique value propositions to consumers,” said Varun Alagh, Chairman and CEO & Co-founder of Honasa Consumer.

Honasa Consumer Limited is a digital-first beauty and personal care company, with a diverse portfolio of six brands. Uniquely positioned to capture growth trends shaping the BPC market, the company leverages data-driven innovation and a strong omnichannel distribution network.

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