MamaEarth Sees 17.6% Revenue Growth, 33.3% Increase in Profit in Q1 Fiscal 2025
Honasa Consumer Limited, the parent company of Direct-to-Consumer (D2C) brand MamaEarth, reported a strong financial performance in the first quarter of the ongoing fiscal year (Q1 FY25). According to the company’s unaudited consolidated quarterly report filed with the National Stock Exchange, MamaEarth’s revenue from operations increased by 17.6% to Rs 554 crore in Q1 FY25 compared to Rs 471 crore in the previous quarter (Q4 FY24).
The company’s net profit witnessed a significant growth of 33.3% to Rs 40 crore in Q1 FY25, marking the highest profitable quarter for MamaEarth since its public debut. The gross margin of the firm also reached an impressive 71% in Q1 FY25.
The revenue increase in Q1 FY25 was primarily driven by the sale of personal and beauty care products, which accounted for the sole source of revenue for Honasa Consumer. The firm also generated Rs 19 crore from financial sources, resulting in an overall income of Rs 573 crore in Q1 FY25.
Investors await with keen interest to see how Honasa Consumer’s financial performance will shape up in the coming quarters, as the company continues to focus on expanding its product offerings and increasing its market presence.
Key Financial Highlights:
- Revenue from operations: Rs 554 crore (up 17.6% QoQ)
- Net profit: Rs 40 crore (up 33.3% QoQ)
- Gross margin: 71%
- Total market capitalization: Rs 15,336 crore (around $1.84 billion)
- Trading price: Rs 473 (as of August 9)
Future Outlook:
Honasa Consumer is expected to continue its growth trajectory in the coming quarters, driven by its focus on expanding its product portfolio, increasing its online presence, and leveraging digital marketing strategies to reach a wider customer base. As the company continues to innovate and expand, investors will closely monitor its performance to gauge the prospects of the D2C beauty and personal care segment in India.
