Indian personal care company Honasa Consumer expects revenue growth above market expectations for fiscal 2027, its CEO told Reuters, led by a continued recovery of its flagship brand Mamaearth and exploring acquisitions in new categories. Mamaearth, which represents more than half of Honasa’s revenue, according to Ambit Capital, struggled to grow in 2024 and 2025 […]
Honasa Consumer Ltd, owner of FMCG brands such as Mamaearth and The Derma Co, on Thursday reported a 92.9 per cent rise in consolidated profit to ₹50.2 crore in the December quarter of FY26. It posted a profit of ₹26.02 crore in the October-December period a year ago, according to a regulatory filing. Honasa Consumer’s […]
Honasa Consumer on Thursday reported a 93% rise in December quarter consolidated net profit at Rs 50 crore, compared to Rs 26 crore posted by the Mamaearth parent in the same period a year ago. The profit after tax (PAT) is attributable to the owners of the company. Operating income from operations stood at Rs […]
French multinational Societe Generale bought 14,33,651 shares in Tata Capital through a block deal on Friday. The shares were purchased at a price of Rs 354.5 each for a consideration of Rs 51 crore.The company had allotted 14,13,764 shares to Societe Generale at a price of Rs 326 per share during the anchor offer. The […]
The Indian market closed lower on Monday, with the Sensex and Nifty witnessing an intraday decline of up to 1%, as investors locked in gains from small and midcap stocks and widened their selling into major blue chips. Continued withdrawals from foreign funds and a cautious mood ahead of the Federal Reserve’s midweek policy decision […]