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

.Rep ImageMamaearth parent Honasa Customer on Friday stated a 63% year-on-year jump in its own consolidated web revenue for the quarter ended June 30, 2024, to Rs 40 crore versus Rs 24 crore disclosed in the equivalent quarter of the last fiscal year. The revenue coming from functions for the April-June fourth stood at Rs 554 crore, much higher through 19% over Rs 464 crore uploaded in the year-ago period.Honasa enrolled item service growth of 20.3% with an actual volume growth (UVG) of 25.2%. The profits prior to enthusiasm, income taxes, devaluation and amortisation (EBITDA) scope increased through 201 bps YoY to 8.3%, causing an EBITDA of Rs 46 crore.The driver of Mamaearth brand associated its tough efficiency to the renovation in the gross profit frame and scale-led efficiencies." The business's achievements mirror an undaunted dedication to raising their job in the elegance as well as personal care field. Through consistently supplying market beating development and also outperforming competitions, the company declares its devotion to advancement and also important market growth as vital chauffeurs of its own recurring effectiveness," a firm claim said.
Posted On Aug 9, 2024 at 04:16 PM IST.




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