Honasa Q2 Profit Rises About 87% as Revenue Grows 36%
Mamaearth parent Honasa Consumer reported about Rs 73 crore profit on about Rs 731 crore revenue for Q2 FY27.
Key Takeaways
- Honasa's Q2 FY27 net profit was about Rs 73 crore, up about 87% year on year.
- Revenue from operations grew about 36% to about Rs 731 crore.
- Total expenses rose about 29%, slower than revenue.
- First-half FY27 revenue was about Rs 1,487 crore and net profit about Rs 164 crore.
- Against the June quarter, profit was about 19% lower and revenue about 3.3% lower.
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Honasa Consumer, the parent of Mamaearth and The Derma Co, reported a consolidated net profit of about Rs 73 crore for the September 2026 quarter (Q2 FY27). That is about 87% higher than the same quarter a year earlier.
Revenue from operations grew about 36% to about Rs 731 crore. Reports say this is the company's fastest quarterly revenue growth since it listed on the stock market.
Honasa Q2 FY27 at a glance
| Detail | Value |
|---|---|
| Quarter | July to September 2026 (Q2 FY27) |
| Revenue from operations | About Rs 731 crore, up about 36% from about Rs 538 crore |
| Net profit | About Rs 73 crore, up about 87% from about Rs 39 crore |
| Total expenses | About Rs 652 crore, up about 29% |
| First half (H1 FY27) revenue | About Rs 1,487 crore, up about 31% |
| First half (H1 FY27) net profit | About Rs 164 crore, roughly double the year before |
Why Honasa's profit grew faster than its revenue
Honasa's total expenses rose about 29% in the quarter, slower than the about 36% rise in revenue. That gap is why profit grew about 87%, faster than sales.
Reports say the company's focus categories grew more than 40% and now make up over 80% of the business. Its younger brands grew more than 45%, and Mamaearth grew at a high-teens rate. The Derma Co is now sold in more than 65,000 retail outlets.
Honasa's last three comparable quarters
| Quarter | Revenue and profit |
|---|---|
| Q2 FY26 (July to September 2025) | Revenue about Rs 538 crore, net profit about Rs 39 crore |
| Q1 FY27 (April to June 2026) | Revenue about Rs 756 crore, net profit about Rs 90 crore |
| Q2 FY27 (July to September 2026) | Revenue about Rs 731 crore, net profit about Rs 73 crore |
Against the June quarter, Honasa's net profit was about 19% lower and its revenue about 3.3% lower.
Where Honasa stands after the first half of FY27
Across the first six months of FY27, Honasa reported revenue of about Rs 1,487 crore, up about 31%, and a net profit of about Rs 164 crore, roughly double the year before. Its brands include Mamaearth and The Derma Co, and its focus categories now make up over 80% of the business.
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Frequently Asked Questions
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