Results · Commerce & Consumer Brands
Honasa posts doubled net profit in Q1 FY27
By Startup Enthusiast ·

- Date
- Company
- Honasa Consumer
- What it does
- Digital-first beauty and personal care brands
- Kind
- Results
- Stage
- public
- Founded
- 2016
What they do
Honasa Consumer owns brands like Mamaearth, The Derma Co and Aqualogica
What happened
Net profit more than doubled to ₹90.5 Cr, operating revenue rose 27% to ₹755.9 Cr
Why it matters
The Derma Co crossed ₹1,000 Cr annualised net sales; offline distribution grew over 40%
The details
- Honasa Consumer Ltd announced its Q1 FY27 results for the quarter ended June 2026.
- Consolidated net profit more than doubled to ₹90.5 Cr from ₹41.3 Cr a year ago.
- Net profit grew 30% sequentially from ₹69.4 Cr in the previous quarter.
- Operating revenue rose 27% year-on-year to ₹755.9 Cr from ₹595.3 Cr.
- Total income including other income of ₹22.5 Cr stood at ₹778.5 Cr, up 26% YoY.
- Total expenses increased 17% YoY to ₹659.3 Cr.
- EBITDA more than doubled to ₹110 Cr from ₹46 Cr YoY.
- A change in Flipkart's settlement mechanism reduced reported revenue by ~₹29 Cr but did not affect absolute profitability.
The bigger picture
- The results show Honasa's net profit more than doubled, while revenue grew 27%.
- Younger brands like The Derma Co and Reginald Men are crossing significant revenue milestones.
- Offline distribution expansion to over 3 lakh retail outlets signals growing physical retail presence.
About the business
- Honasa Consumer is a digital-first house of brands in beauty and personal care.
- Its portfolio includes Mamaearth, The Derma Co, Aqualogica, Lumineve, Staze, BBlunt, Dr Sheth's, and Reginald Men.
- The company operates across 750+ districts in India through an omni-channel presence.
- It caters primarily to millennial customers with toxin-free, natural products.
- Honasa acquired a 58% stake in FIKN parent Fluence Pharma for ₹135 Cr in June 2026.
What happens next
- Honasa plans to continue scaling its younger brands and expanding offline distribution.
- The company is focusing on its House of Brands strategy to drive growth across categories.
Founders
- Ghazal Alagh, Co-founder
- Varun Alagh, CEO and Co-founder
Other articles talking about it
More on Honasa Consumer
- 4.4% of Honasa Consumer changes hands in block deal29 September 2026 · Stake sale · ₹643 Cr
- Honasa Consumer promotes Nishchay Bahl to chief business officer8 September 2026 · People
- Honasa Consumer cancels acquisition of Fluence Pharma25 August 2026 · Acquisition · Rs 135 Cr
- Honasa Consumer promotes Nilesh Kotalwar to CMO6 August 2026 · People
- Honasa names Shivang Jain CEO of BTM Ventures14 July 2026 · People
- Honasa Consumer projects 30% revenue growth in Q1 FY279 July 2026 · Results
- Sofina sells 1.28% stake in Honasa Consumer25 June 2026 · Stake sale · ₹177.2 Cr
- Honasa acquires 58% stake in Fluence Pharma23 June 2026 · Acquisition · ₹135 Cr
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