Honasa Consumer Limited, the parent company of Mamaearth, reported its Q2 FY25 results, showing a reduced net loss of ₹19 crore compared to ₹29 crore in Q2 FY24. Revenue for the quarter stood at ₹462 crore, marking a 6.9% decline from ₹496 crore in the same period last year. The company also reported an EBITDA loss of ₹31 crore, down from ₹40 crore YoY.
Despite the revenue decline, Honasa Consumer’s narrowing net loss indicates some operational improvements. Investors will be watching closely to assess the company’s future growth potential in the personal care market.
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