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Honasa Shopper Ltd, which owns FMCG manufacturers resembling Mamaearth and The Derma Co, on Wednesday reported an virtually two-fold improve in its consolidated revenue after tax to Rs 29.43 crore for the second quarter ended September.
It had a revenue after tax of Rs 15.19 crore within the year-ago interval, in keeping with a regulatory submitting from the corporate, which bought listed on November 7.
Honasa Shopper’s income from operations was up 20.85 per cent to Rs 496.10 crore within the second quarter of this fiscal. It was at Rs 410.49 crore in the identical interval a 12 months in the past.
Its whole bills stood at Rs 463.98 crore within the September quarter, up 18.25 per cent in comparison with the year-ago interval.
Within the newest September quarter, the corporate’s whole revenue jumped 21.09 per cent to Rs 503.18 crore.
“Honasa has been capable of ship market-beating growths and consistently enhance the profitability portfolio of the corporate. Our enterprise has grown by 33 per cent Y-o-Y in H1 FY24 which is 3.8 instances the median progress of FMCG corporations in India,” its Chairman and CEO Varun Alagh stated.
Shares of the corporate fell 4.05 per cent to shut at Rs 352.10 on the BSE.
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