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FMCG firm Honasa Consumer Ltd on Wednesday reported a marginal rise in its consolidated net profit to Rs 26.02 crore in the third quarter ended December 31, 2024.
The company, which owns brands including Mamaearth, had posted a consolidated net profit of Rs 25.9 crore in the October-December quarter last fiscal, Honasa Consumer Ltd said in a regulatory filing.
Consolidated revenue from operations in the quarter under review stood at Rs 517.51 crore compared to Rs 488.22 crore in the year-ago period, it added.
Total expenses in the third quarter were higher at Rs 507.31 crore against Rs 464.46 crore in the same period a year ago, the company said.
During the continued to strengthen its offline distribution through direct distributors in the top 50 cities, Varun Alagh, Honasa Consumer Ltd Chairman and CEO & Co-founder, said.
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