India's Mamaearth's parent jumps on strong growth in new brands

Honasa Consumer

23/05/2025 05:55

** Mamaearth parent Honasa Consumer HONA.NS jumps 12.5% to 309.92 rupees

** HONA, which also houses "BBlunt" and "Aqualogica" brands, reports lower Q4 profit; revenue jumps 13% y/y

** Jefferies says revenue growth on the back of strong growth in new brands "Dr Sheth" and "The Derma Co"

** Goldman Sachs says Mamaearth's improving trends driving growth recovery

** YTD, HONA gains 8%

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))