Net loss of Honasa Consumer reported to Rs 18.58 crore in the quarter ended September 2024 as against net profit of Rs 29.44 crore during the previous quarter ended September 2023. Sales declined 6.91% to Rs 461.82 crore in the quarter ended September 2024 as against Rs 496.11 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales461.82496.11 -7 OPM %-6.658.10 - PBDT-13.8145.50 PL PBT-24.3739.21 PL NP-18.5829.44 PL Powered by Capital Market - Live News

Honasa Consumer will hold a meeting of the Board of Directors of the Company on 14 November 2024.Powered by Capital Market - Live News

Mamaearth has partnered with Meesho. This collaboration is set to make high-quality personal care products more accessible to deep penetrated regions and drive growth in emerging regions. As Tier 3 and beyond markets emerge as key drivers for e-commerce, Mamaearth aims to tap into the growing demand for premium, natural, and toxin-free personal care products through Meesho`s vast network, particularly in smaller towns and semi-urban areas. It also aligns with Mamaearth`s strategy to explore untapped markets and drive revenue growth from regional areas and will further solidify Mamaearth`s position as a trusted leader in the beauty and personal care category. The brand experienced a fivefold growth during the Meesho sale period. Mamaearth now aims to reach 100 crore ARR in the coming 12 months on Meesho. Through Meesho`s extensive reach, Mamaearth has been able to penetrate deeper markets across Bharat, reaching customers in areas such as Belgaum (Karnataka), Kashipur (Uttarakhand), Bokaro (Jharkhand), Sivakasi (Tamil Nadu) and Kushinagar (Uttar Pradesh). The e-commerce platform`s ability to connect brands with a larger and more diverse customer base has played a vital role in Mamaearth`s success, bringing their trusted skincare products to even the most remote regions.Powered by Capital Market - Live News

Mamaearth announced its presence in Canteen Stores Department (CSD) under the Ministry of Defence, across India. This collaboration represents a key milestone in the brand`s expansion strategy, allowing it to connect with a broader audience and meet the distinct needs of consumers nationwide.With a deep understanding of the consumer landscape and a commitment to making toxin-free products accessible to all, Mamaearth identified a gap in the CSD channel and took decisive steps to fill it. The brand`s entry into CSD has been a crucial growth driver, contributing to its robust offline presence across India.Powered by Capital Market - Live News

Honasa Consumer has allotted 5,79,849 equity shares under ESOP on 02 September 2024. With this allotment, the paid up equity share capital has increased to 32,48,24,006 equity shares of Rs 10 each. Powered by Capital Market - Live News