Following its public listing earlier this month, Honasa Consumer — the parent company of the direct-to-consumer brand Mamaearth — posted its first-ever quarterly result, with a 94 per cent increase in profits for the quarter ended September 30. VARUN ALAGH, chairman and chief executive officer of Honasa Consumer, is confident in delivering market-beating growth while improving profitability. In a telephonic interview with Aryaman Gupta, he speaks about the company’s initial public offering (IPO) performance, profitability, challenges, and plans. Edited excerpts:
What is your take on how the IPO has performed?
The IPO has performed well. Ultimately, it is about the milestone