Mamaearth Parent Honasa Reports 87% Rise in Q2 Net Profit

6 Nov 2026, 6:30 pm · 6h ago · 1 min read · YourStory

Honasa Consumer, the parent company of direct-to-consumer brand Mamaearth, reported an 87% year-on-year increase in net profit to Rs 73.24 crore for the second quarter of the fiscal year. Revenue grew 36% year-on-year to Rs 731.18 crore, marking its highest revenue growth since listing in November 2023, though net profit declined sequentially from Rs 90.44 crore in Q1. Chief Executive Officer Varun Alagh highlighted that younger portfolio brands grew over 45% year-on-year, while offline modern trade retail outlets recorded a 40% rise in product offtake across India.