Honasa Consumer Financial Results for Q2 FY27
Honasa Consumer, the parent company of Mamaearth, has released its financial performance for the second quarter of the fiscal year ending March 2027. The company has achieved a remarkable 36% year-on-year increase in its revenue for the quarter, while net profit soared by 86.7% to Rs 73.25 crore.
The firm, based in Gurugram, saw its revenue from operations rise to Rs 731 crore in Q2 FY27, compared to Rs 538 crore in the equivalent quarter of the previous fiscal year. This information is based on the financial statements obtained from the National Stock Exchange of India (NSE).
Revenue and Income Growth
Additionally, the firm recorded Rs 22 crore in other income, bringing total income to Rs 753 crore in Q2 FY27, a significant increase from Rs 558 crore in Q2 FY26. This growth highlights Honasa Consumer’s robust market presence and effectiveness in expanding its financial base.
Expense Trends
On the expense side, the cost of materials consumed constituted the largest segment, rising by 38.4% to Rs 220 crore in Q2 FY27, up from Rs 159 crore in the same quarter last year. Employee benefit expenses also saw a rise of 21.7%, totalling Rs 73 crore. However, depreciation expenses showed a slight decline to Rs 11 crore from Rs 11.75 crore.
Other expenses increased by 26.9% to Rs 348 crore, pushing total expenses up by 29.1% to Rs 652 crore during the last quarter.
Profits and Gains
At the bottom line, Honasa Consumer achieved a substantial increase in net profit, which surged by 86.7% to Rs 73.25 crore in Q2 FY27, compared to Rs 39.23 crore in Q2 FY26.
Half-Yearly Financial Performance
For the first half of FY27, Honasa Consumer reported a revenue from operations growth of 31.2%, reaching Rs 1,487 crore, up from Rs 1,133 crore in H1 FY26. In terms of net profit, there was a significant increase of 2.03X to Rs 164 crore in H1 FY27, up from Rs 80.5 crore in the same period last year. The firm’s total income for H1 FY27 stood at Rs 1,531 crore, in contrast to Rs 1,177 crore in H1 FY26.