Honasa reports record quarterly revenue and profit

Honasa Consumer Limited achieved record quarterly revenue of INR 595 Cr, up 7.4% year-over-year and 11.6% sequentially. Gross profit reached 71.2%.

EBITDA was INR 46 Cr with margin improving to 7.7%. Profit after tax rose 65.4% quarter-over-quarter to INR 41 Cr, with PAT margin of 6.9%.

The company reported double-digit e-commerce growth and over 30% year-over-year growth in modern trade. Offline distribution expanded to over 240,000 FMCG retail outlets.