Results · Commerce & Consumer Brands

Honasa posts 93% profit jump in Q3 FY26

By Startup Enthusiast · 12 February 2026

What they do

Honasa Consumer Ltd owns brands like Mamaearth, The Derma Co. and Aqualogica

Q3 FY26 profit after tax rose 93% to Rs 50 crore; revenue grew 16% to Rs 602 crore

EBITDA margin improved to 10.9% from 5.0% a year ago, driven by lower ad spending

Honasa Consumer Ltd reported its Q3 FY26 results for the quarter ended December 31, 2025.
Revenue from operations was Rs 602 crore, up 16.2% year-on-year from Rs 518 crore.
Like-for-like revenue (excluding acquired brands) was Rs 630 crore, the highest-ever quarterly figure, up 21.7% year-on-year.
Profit after tax (PAT) was Rs 50 crore, up 92.9% from Rs 26 crore a year ago.
PAT margin improved to 8.3% from 5.0% a year earlier.
EBITDA (earnings before interest, tax, depreciation and amortisation) was Rs 66 crore, up 150.7% year-on-year.
EBITDA margin rose to 10.9% from 5.0% a year ago.
Total expenditure was Rs 550 crore, up 8.5% from Rs 507 crore, with advertising expenses falling to 30.9% of revenue from 34.3%.

Honasa's profit growth outpaced revenue growth, showing improved operational efficiency.
The company reduced advertising spending as a share of revenue, helping margins.
Mamaearth returned to double-digit growth, and younger brands grew over 25%.
Direct outlet coverage crossed 1 lakh outlets, and total distribution reached 2.7 lakh outlets.

Honasa Consumer Ltd is a Gurugram-based beauty and personal care house of brands.
Its portfolio includes Mamaearth, The Derma Co., Aqualogica, Lumineve, Staze, BBlunt, Dr Sheth's, and Reginald Men.
Mamaearth started as Asia's first brand with Made Safe certified products, focusing on baby care.
Honasa is a digital-first company catering to millennial customers.
It has an omni-channel presence across 750+ districts in India.
The company makes money by selling beauty and personal care products through online and offline channels.