10 August 2024
Honasa Consumer Ltd., is proud to share its financial performance for the quarter ending June 30th, 2024. Demonstrating resilience and agility along with continued momentum, Honasa registered an impressive product business growth of 20.3% with an underlying volume growth (UVG) of 25.2%. The EBITDA margin expanded by 201 basis points (bps) y-o-y to 8.3%, resulting in an EBITDA of INR 46 crore. This strong performance was attributed to the improvement in the gross profit margin and scale-led efficiencies. The company’s achievements reflect a resolute commitment to advancing their position in the beauty and personal care industry. By consistently delivering market- beating growth and surpassing competitors, the company reaffirms its dedication to innovation and strategic market expansion as key drivers of its ongoing success.
Honasa Consumer Ltd., is proud to share its financial performance for the quarter ending June 30th, 2024. Demonstrating resilience and agility along with continued momentum, Honasa registered an impressive product business growth of 20.3% with an underlying volume growth (UVG) of 25.2%. The EBITDA margin expanded by 201 basis points (bps) y-o-y to 8.3%, resulting in an EBITDA of INR 46 crore. This strong performance was attributed to the improvement in the gross profit margin and scale-led efficiencies. The company’s achievements reflect a resolute commitment to advancing their position in the beauty and personal care industry. By consistently delivering market- beating growth and surpassing competitors, the company reaffirms its dedication to innovation and strategic market expansion as key drivers of its ongoing success.
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