Honasa Consumer Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Honasa Consumer Ltd reported a 11.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 7.5%.
- Its expenses for the quarter were up by 0.2% QoQ and 9.2% YoY.
- The net profit decreased 240.0% QoQ and increased 0.5% YoY.
- The earnings per share (EPS) of Honasa Consumer Ltd stood at 0.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 536.72 | 481.84 | 499.18 | 11.4% | 7.5% |
Total Expenses | 507.31 | 506.21 | 464.46 | 0.2% | 9.2% |
Profit Before Tax | 29.42 | -24.37 | 34.72 | -220.7% | -15.3% |
Tax | 3.40 | -5.80 | 8.82 | -158.6% | -61.5% |
Profit After Tax | 26.02 | -18.58 | 25.90 | -240.0% | 0.5% |
Earnings Per Share | 0.80 | -0.60 | 0.80 | -233.3% | 0.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Honasa Consumer Ltd is a company primarily engaged in the consumer goods industry, focusing on personal care and beauty products. The company is known for its popular brands such as Mamaearth, which offers a range of natural and organic skincare products. Honasa's business model revolves around sustainable and environmentally friendly products, catering to the growing demand for clean beauty solutions. As the company operates in the fast-growing personal care sector, it has been actively expanding its product portfolio and market presence. However, specific recent developments regarding strategic initiatives or market expansions for Honasa Consumer Ltd are not provided in the available data.
Revenue
In Q3FY25, Honasa Consumer Ltd reported a total income of ₹536.72 crores, reflecting a growth of 11.4% compared to ₹481.84 crores in Q2FY25. Year-over-year, the total income increased by 7.5% from ₹499.18 crores in Q3FY24. This upward trend in revenue, both on a quarterly and annual basis, highlights the company's ability to enhance its income generation over the periods. Such growth could be attributed to various factors, including new product launches, expanded distribution channels, or increased market share in existing segments. The consistent revenue growth indicates a positive trajectory in top-line performance.
Profitability
Honasa Consumer Ltd's profitability metrics for Q3FY25 show a marked improvement over the previous quarter. The company recorded a profit before tax of ₹29.42 crores, a significant turnaround from a loss of ₹24.37 crores in Q2FY25. However, the profit before tax decreased by 15.3% compared to ₹34.72 crores in Q3FY24. After accounting for taxes, the profit after tax stood at ₹26.02 crores, a substantial recovery from the loss of ₹18.58 crores in Q2FY25 and marginally higher than ₹25.90 crores in Q3FY24. The earnings per share (EPS) for Q3FY25 was ₹0.80, identical to Q3FY24, and an improvement from the negative EPS of ₹-0.60 in Q2FY25. These profitability metrics demonstrate a notable recovery from the previous quarter's losses.
Operating Metrics
The total expenses for Honasa Consumer Ltd in Q3FY25 were ₹507.31 crores, a slight increase of 0.2% from ₹506.21 crores in Q2FY25, and a 9.2% rise from ₹464.46 crores in Q3FY24. The company managed to control its expenses effectively on a quarterly basis while experiencing a year-over-year increase. The tax expenses for Q3FY25 were ₹3.40 crores, compared to a tax benefit of ₹-5.80 crores in Q2FY25 and a tax expense of ₹8.82 crores in Q3FY24, indicating variability in tax obligations over these periods. These operating metrics reflect the company's efforts in expense management amidst fluctuating tax charges.
