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

.Rep ImageMamaearth moms and dad Honasa Individual on Friday stated a 63% year-on-year jump in its consolidated web revenue for the one-fourth ended June 30, 2024, to Rs 40 crore versus Rs 24 crore disclosed in the matching fourth of the last financial year. The profits from operations for the April-June quarter stood up at Rs 554 crore, greater by 19% over Rs 464 crore uploaded in the year-ago period.Honasa registered product organization development of 20.3% with a hidden volume growth (UVG) of 25.2%. The profits just before interest, taxes, devaluation and also amortisation (EBITDA) scope increased through 201 bps YoY to 8.3%, causing an EBITDA of Rs 46 crore.The driver of Mamaearth company credited its solid efficiency to the renovation in the gross profit scope as well as scale-led efficiencies." The firm's achievements reflect a tenacious devotion to providing their role in the beauty and personal treatment industry. By consistently providing market beating development as well as going beyond rivals, the business reaffirms its own dedication to innovation as well as critical market growth as vital drivers of its recurring excellence," a company claim said.
Posted On Aug 9, 2024 at 04:16 PM IST.




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