Marketing
Mamaearth Maker Honasa Sees Sales Growth in the Low Thirties as Offline Push Pays Off
BENGALURU: Honasa Consumer, the company behind the Mamaearth brand, expects its net sales to grow in the low thirties per cent in the July-September quarter, driven by its push into physical stores, it said in a business update on October 6. Its shares rose as much as 8.2 per cent to ₹478.20 on the BSE.
The update covers the second quarter of the 2026-27 financial year. At 10:03 am the stock was trading 6.9 per cent higher at ₹472.35, giving the company a market value of ₹15,368 crore, about $1.6 billion, Inc42 reported.
Honasa said it expects Mamaearth's net sales value to grow in the high teens year on year. Its younger brands, The Derma Co, Aqualogica, BBlunt, Dr Sheth's, Staze, Lumineve and Reginald Men, are expected to grow in the mid-forties. The company expects an operating margin in the low double digits, with a strong improvement from a year…
