India, Feb. 13 -- Shares of Mamaearth parent Honasa Consumer surged as much as 9% to INR 223.30 during the early trading hours today (February 13) after reporting a flat profit in the third quarter of fiscal year 2024-25 (Q3 FY25).

At 11:15 AM, the stock's market capitalisation stood at INR 7,240.33 Cr with as many as 46 Lakh shares trading hands by then.

The company 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, sequentially it recovered from an INR 18.58 Cr loss.

On similar lines, its topline grew 6% You and 12% QoQ to INR 517.51 Cr during the year under review.

The D2C major has witnessed a 7% upsurge in its stock value in the last 5 days ...