Honasa Consumer Q2 Results: MamaEarth Parent Swings To Profit, Revenue Up 17%

MamaEarth parent Honasa Consumer Ltd. swung to profit in the second quarter of fiscal year 2026. The company reported a consolidated bottom-line of Rs 39.2 crore compared to a loss of Rs 18.5 crore in the same quarter last year.

Revenue also saw an uptick, growing 16.5% to Rs 538 crore as against Rs 462 crore in the year-ago period.

Earnings before interest, taxes, depreciation and amortisation turned positive to Rs 47.6 crore, compared to a loss of Rs 30.8 crore in the year-ago period. The Ebitda margin stood at 8.8%.

Varun Alagh, Chairman, CEO & Co-founder of Honasa Consumer commented on the financial results and said, "Q2 marked another quarter of steady growth for Honasa, with revenue up 22.5% YoY and Ebitda holding stable at Rs 48 crore, reflecting the strength and consistency of our growth playbook".

He added that the company's focus categories continued to contribute over 75% of total revenues and reaffirmed the success of their category-first strategy.

Consumer engagement according to Alagh was enhanced by deeper distribution and brand building.

• Revenue rises 16.5% to Rs 538 crore versus Rs 462 crore.

• EBITDA at Rs 47.6 crore versus a loss of Rs 30.8 crore.

• Ebitda margin stood at 8.8%.

• Net profit at Rs 39.2 crore versus loss of Rs 18.5 crore.

The earnings announcement was made post market hours on Wednesday, before that Honasa Consumer's stock ended 2.62% higher at Rs 282.05 apiece on the NSE, compared to a 0.70% advance in the Nifty index.

The share price has risen 10.52% year-to-date but declined 24.62% in the last 12 months.