Honasa Consumer Limited reported earnings results for the second quarter and six months ended September 30, 2024. For the second quarter, the company reported sales was INR 4,618.22 million compared to INR 4,961.08 million a year ago. Revenue was INR 4,818.45 million compared to INR 5,031.86 million a year ago. Net loss was INR 185.75 million compared to net income of INR 294.38 million a year ago. Basic loss per share from continuing operations was INR 0.57. Diluted loss per share from continuing operations was INR 0.57.
For the six months, sales was INR 10,158.79 million compared to INR 9,605.95 million a year ago. Revenue was INR 10,546.23 million compared to INR 9,802.83 million a year ago. Net income was INR 216.84 million compared to INR 554 million a year ago. Basic earnings per share from continuing operations was INR 0.67. Diluted earnings per share from continuing operations was INR 0.67.
Honasa Consumer Limited is an India-based beauty and personal care company, which is engaged in the trading of a variety of beauty and personal care products across baby care, skin care, hair and other related personal care categories, which are manufactured through third party contract manufacturers under the brand name of Mamaearth, The Derma Co., BBlunt, Aqualogica, Dr. Shethâs, STAZE, and Ayuga. Its flagship brand, Mamaearth, focuses on clean and toxin-free beauty products made with natural ingredients. The Derma Co. provides science-backed products powered by active ingredients. Aqualogica is a skin care brand that leverages the science of hydration to introduce products suited to Indian skin-types. BBlunt specializes in professional hair care and styling products. Dr. Shethâs focused on curating products that are designed for the Indian skin types. Staze 9to9 offers studio-finished makeup designed and curated for Indian skin types. The Company also owns CosmoGenesis Labs.
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