Honasa Consumer Ltd, the parent company of Mamaearth and The Derma Co, reported its highest-ever quarterly revenue and profit on Thursday, with consolidated revenue from operations rising 31.8 per cent year-on-year to ₹785 crore on a like-for-like basis for the quarter ended June 30, 2026.Profit after tax more than doubled to ₹90 crore from ₹41 crore in the same quarter last year, a 116.5 per cent jump, while PAT margin expanded to 11.5 per cent from 6.9 per cent. EBITDA grew over 2x to ₹110 crore, with EBITDA margin improving 636 basis points to 14.1 per cent, driven by a richer product and channel mix, operating leverage, and a non-recurring ESOP reversal in payroll costs.Gross profit margin held above 70 per cent, continuing a trend the company has maintained over recent quarters. Underlying volume growth, which strips out price effects, came in at 30.5 per cent, indicating that the revenue expansion was primarily volume-led rather than price-driven.One-time adjustmentOn a reported basis, revenue stood at ₹756 crore, reflecting a one-time accounting adjustment of approximately ₹29 crore related to a change in settlement terms by the Flipkart group, which altered how logistics and fulfilment costs are netted against revenue. The company clarified this had no impact on absolute profitability or contribution margins.The company’s offline channels were a key growth engine. General trade secondary sales grew over 40 per cent year-on-year, while modern trade offtake rose by a similar magnitude. FMCG retail outlet reach expanded to approximately 3 lakh stores across India as of June 2026. The eCommerce channel posted over 20 per cent growth.Mamaearth, the flagship brand, accelerated to high-teens revenue growth, with face cleansers and shampoo emerging as category leaders. The Derma Co crossed an annualised net sales value run rate of ₹1,000 crore and entered what the company called the “teens EBITDA club,” signalling improving profitability. Younger brands including Aqualogica, Dr. Sheth’s, BBlunt, Staze, and the recently acquired Reginald Men collectively grew over 40 per cent. Reginald Men now runs at an annualised revenue rate of over ₹150 crore, more than double its revenue at the time of acquisition.The company also announced the launch of FIKN, a new fragrance brand positioning itself as India’s first elixir format perfume, targeting premium consumers aged 20 to 35. The launch follows Honasa’s earlier analyst note identifying fragrance as India’s fastest-growing beauty category.Honasa shares closed at ₹479.45 on the NSE on Thursday, up 2.58 per cent on the day, giving the company a market capitalisation of approximately ₹15,617 crore. The stock has gained nearly 68 per cent over the past year.Published on August 13, 2026