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Cons PAT zooms 63% YoY to Rs 40 crore, revenue dives 19%, ET Retail

.Rep ImageMamaearth parent Honasa Customer on Friday stated a 63% year-on-year pitch in its own consolidated web profit for the quarter finished June 30, 2024, to Rs 40 crore versus Rs 24 crore disclosed in the equivalent one-fourth of the final fiscal year. The revenue from functions for the April-June fourth stood at Rs 554 crore, much higher through 19% over Rs 464 crore posted in the year-ago period.Honasa registered item company growth of 20.3% with a hidden volume growth (UVG) of 25.2%. The revenues prior to enthusiasm, income taxes, depreciation and amortisation (EBITDA) scope increased by 201 bps YoY to 8.3%, leading to an EBITDA of Rs 46 crore.The driver of Mamaearth brand attributed its own powerful functionality to the renovation in the markup margin and scale-led effectiveness." The company's achievements mirror a tenacious commitment to providing their opening in the charm and personal care business. By constantly delivering market hammering development as well as going beyond competitors, the company renews its devotion to advancement and also calculated market development as essential drivers of its ongoing results," a firm declaration said.
Posted On Aug 9, 2024 at 04:16 PM IST.




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