Mamaearth parent Honasa Consumer shares surge 14% after posting record revenue in Q1

Shares of Honasa Consumer, the parent of Mamaearth which retails personal care and beauty products, rose as much as 13.68% to hit an intraday high of ₹304.80 on the BSE a day after it reported June quarter earnings. On the National Stock Exchange, Honasa Consumer shares rose as much as 13.14%.

Honasa Consumer post market hours on Tuesday reported a consolidated net profit of ₹41 crore in the first quarter of current financial year (Q1FY26), marking an increase of 3% from ₹40 crore in the same period last year.

Honasa Consumer's revenue from operations advanced 7% to ₹595 crore in the April-June period from ₹520 crore in the year-ago period.

Its EBITDA also known as operating profit, however, declined 1% to ₹46 crore and its EBITDA margin contracted by 60 basis points to 7.7% from 8.31%.

“Q1 FY26 marked a strong start to the year, with Honasa delivering its highest-ever quarterly revenue of ₹595 Cr and a record quarterly profit of ₹41 Cr, supported by a sequential improvement in EBITDA margin to 7.7%. Our focus categories, which now contribute over 80% of revenues, posted double-digit growth YoY, reaffirming the strength of our category-first approach," said Varun Alagh, Chairman and CEO & Co-founder, Honasa Consumer.

"Our innovation pipeline remains strong, with launches rooted in proven efficacy and consumer-desired benefits. Our offline distribution remains on a positive trajectory, further enhancing our reach and visibility. We are strengthening our playbooks by focusing on select, sharply defined category segments within our core categories, driving awareness-led brand building, and executing an ‘always-on’ media strategy," he added.

Mamaearth continues to grow in focus categories at double-digit YoY in Q1 FY26 in key channels that is e-commerce, modern trade and general trade, backed by sharp category plays, brand building efforts, and ‘always-on’ media strategy, the company said.

General trade distribution remains on a positive trajectory, with our direct distribution strategy driving a 50%+ YoY increase in direct outlet billed in Q1FY26, strengthening our reach and retail presence. Modern trade showed a 20% plus YOY offtake growth, Honasa Consumer said.

As of 10:08 am, Honasa Consumer shares traded 11% higher at ₹298, outperforming the BSE500 index which was up 0.48%.