Honasa Consumer Q3 Results: Net profit rises marginally to ₹26 crore, revenues up 6% YoY
Honasa Consumer announced a marginal rise in net profit for the Oct-Dec quarter on February 12. Shares closed higher ahead of results release.
New Delhi, Feb 12 (PTI) FMCG firm Honasa Consumer Ltd on Wednesday reported a marginal rise in its consolidated net profit to ₹26.02 crore in the third quarter ended December 31, 2024.
The company, which owns brands including Mamaearth, had posted a consolidated net profit of ₹25.9 crore in the October-December quarter last fiscal, Honasa Consumer Ltd said in a regulatory filing.
Consolidated revenue from operations in the quarter under review stood at ₹517.51 crore compared to ₹488.22 crore in the year-ago period, it added.
Total expenses in the third quarter were higher at ₹507.31 crore against ₹464.46 crore in the same period a year ago, the company said.
During the continued to strengthen its offline distribution through direct distributors in the top 50 cities, Varun Alagh, Honasa Consumer Ltd Chairman and CEO & Co-founder, said.
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