Mamaearth Reports Financial Results for Q4 FY25

Honasa Consumer Limited, known for the personal care brand Mamaearth, has shared its financial performance for the fourth quarter of the last fiscal year (Q4 FY25) on Thursday. The company, based in Gurugram, experienced a 13% growth in scale. However, its year-on-year (YoY) profits saw a decline of 17% during this period.

According to the consolidated financial statements obtained from the National Stock Exchange (NSE), Mamaearth’s revenue from operations grew by 13% YoY, reaching Rs 533 crore in Q4 FY25 compared to Rs 471 crore in Q4 FY24. For the complete fiscal year (FY25), Mamaearth recorded an 8% rise in operating revenue, attaining Rs 2,067 crore, up from Rs 1,920 crore in FY24.

The company did not outline its revenue distribution for the last quarter or for FY25. Additionally, Mamaearth added Rs 20 crore from non-operational activities, bringing its total revenue to Rs 554 crore in Q4 FY25. For the fiscal year FY25, the total income was recorded at Rs 2,146 crore.

For the direct-to-consumer (D2C) brand, product procurement costs constituted 30% of total expenses, which surged by 11% to Rs 156 crore in Q4 FY25 from Rs 141 crore in Q4 FY24.

The rise in employee benefits, marketing, legal, rent, and other overheads led to a 16% year-on-year increase in total expenses, amounting to Rs 522 crore in Q4 FY25, compared to Rs 451 crore in Q4 FY24. For the fiscal year that concluded in March 2025, total expenses escalated to Rs 2,056 crore.

Ultimately, the company reported a profit after tax of Rs 25 crore in Q4 FY25, reflecting a 17% decline from Rs 30 crore in Q4 FY24. On a fiscal level, the profit dropped to Rs 73 crore in FY25 from Rs 110 crore in FY24.

Recently, the company has promoted Karan Bajwa and Avinash Dhagat to CXO positions, following the departure of Anuja Mishra (CMO).

The shares of Mamaearth’s parent company were traded at Rs 275 at the close of the day, with a total market capitalisation of Rs 8,944 crore ($1.04 billion).