New Delhi, May 23 -- Shares of Honasa Consumer, the parent company of Mamaearth, surged nearly 14% in early trade on Friday, May 23, to a five-month high of Rs.314 after investors reacted positively to its March quarter results, indicating that the Street was pleased with the company's performance.
For Q4FY25, the company's consolidated net profit stood at Rs.25 crore, down from Rs.30.5 crore reported in the same period of the previous fiscal year. Revenue from operations, however, rose 13% to Rs.534 crore, compared to Rs.471 crore a year ago. The underlying volume growth stood at 21.2% in Q4FY25, outpacing revenue growth.
Gross profit margin improved to 70.7% in Q4FY25, up 76 basis points year-on-year, driven by an improved product mix...
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