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Cons PAT zooms 63% YoY to Rs 40 crore, revenue dives 19%, ET Retail

.Representative ImageMamaearth parent Honasa Consumer on Friday mentioned a 63% year-on-year enter its own consolidated web revenue for the quarter finished June 30, 2024, to Rs 40 crore versus Rs 24 crore stated in the corresponding quarter of the last fiscal year. The revenue from procedures for the April-June one-fourth stood up at Rs 554 crore, much higher through 19% over Rs 464 crore submitted in the year-ago period.Honasa signed up item business development of 20.3% along with an actual volume growth (UVG) of 25.2%. The earnings before interest, tax obligations, loss of value and amortisation (EBITDA) scope broadened through 201 bps YoY to 8.3%, resulting in an EBITDA of Rs 46 crore.The operator of Mamaearth company connected its own sturdy efficiency to the enhancement in the gross profit margin and scale-led performances." The company's accomplishments demonstrate a resolute commitment to advancing their role in the beauty and personal care sector. By continually supplying market hammering growth as well as exceeding rivals, the provider declares its commitment to advancement and also tactical market expansion as crucial drivers of its recurring results," a business claim claimed.
Posted On Aug 9, 2024 at 04:16 PM IST.




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