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Results · Commerce & Consumer Brands

Honasa posts doubled net profit in Q1 FY27

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Honasa Consumer logo
Date
Company
Honasa Consumer
What it does
Digital-first beauty and personal care brands
Kind
Results
Stage
public
Founded
2016
Sector
Commerce & Consumer Brands

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

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