Honasa Consumer Limited Appoints Yatish Bhargava as Chief Business Officer

Honasa Consumer Limited, the parent company of Mamaearth, has appointed Yatish Bhargava as the Chief Business Officer effective immediately. This position had been unoccupied since February 28, following the resignation of Zairus Master, who departed from the Gurugram-based company for personal reasons.

In addition to his new role, Bhargava will be regarded as a Senior Management Personnel, as stated in a recent stock exchange announcement.

With over 17 years of expertise in P&L management and overseeing large teams across various sectors including general trade, modern trade, and e-commerce, Bhargava is set to make a significant impact. Before joining Honasa, he held prominent leadership positions at Flipkart and Hindustan Unilever Limited.

Recent Executive Changes at Honasa

In recent developments, Honasa has promoted Karan Bajwa, who previously served as Senior Vice President of Human Resources, to the role of Chief Human Resources Officer (CHRO). Additionally, Avinash Dhagat, who was formerly the Senior Vice President of Supply Chain, has been appointed as Chief Supply Chain Officer (CSCO).

Mamaearth’s Financial Performance

These appointments come on the heels of Mamaearth’s Q4 financial results. The company reported a 13% year-on-year increase in revenue from operations, reaching Rs 533 crore, up from Rs 471 crore in Q4 FY24. The profit after tax for Q4 FY25 was Rs 25 crore, a slight decline from Rs 30 crore in Q4 FY24.