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

.Rep ImageMamaearth parent Honasa Customer on Friday disclosed a 63% year-on-year enter its consolidated net revenue for the one-fourth ended June 30, 2024, to Rs 40 crore versus Rs 24 crore reported in the equivalent fourth of the final financial year. The income coming from procedures for the April-June quarter stood up at Rs 554 crore, higher by 19% over Rs 464 crore uploaded in the year-ago period.Honasa registered item organization development of 20.3% with a hidden volume growth (UVG) of 25.2%. The profits just before interest, income taxes, depreciation and also amortisation (EBITDA) margin expanded by 201 bps YoY to 8.3%, leading to an EBITDA of Rs 46 crore.The operator of Mamaearth brand attributed its sturdy efficiency to the remodeling in the markup scope as well as scale-led effectiveness." The business's success show a steadfast dedication to elevating their role in the charm and also private treatment industry. Through regularly supplying market beating growth as well as exceeding competitors, the company renews its own devotion to innovation and calculated market development as key motorists of its recurring excellence," a business declaration mentioned.
Released On Aug 9, 2024 at 04:16 PM IST.




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