India, Feb. 14 -- Shares of Mamaearth parent Honasa Consumer slipped 5% to INR 219.55 during the early trading hours on Friday (February 14), a day after the stock surged 9%.

The stock recouped some of its losses and was trading 3% lower later at 11:12 AM. The company's market capitalisation stood at INR 7,259 Cr at the time.

Earlier this week, the company reported a flat profit in the third quarter of the fiscal year 2024-25 (Q3 FY25). Honasa reported a consolidated net profit of INR 26.02 Cr in Q3 FY25, a marginal 0.4% increase from INR 25.90 Cr in the year-ago quarter.

However, operating revenue rose 6% to INR 517.51 Cr during the quarter under review from INR 488.22 Cr in Q3 FY24.

On a quarter-on-quarter (QoQ) basis, Honasa's reve...