Tag: Mamaearth
New-age firms cushion Q1 raw material, diesel cost shock with price hikes, efficiencies
Despite a rise in raw material, packaging, and diesel costs during the April-June quarter, driven in part by higher crude prices and geopolitical tensions, new-age…
Mamaearth parent Honasa Consumer’s net profit doubles to Rs 90 crore in Q1
Mamaearth parent Honasa Consumer’s net profit more than doubled to Rs 90 crore in April-June from Rs 41 crore a year ago, marking its highest…
The Derma Co crosses Rs 1,000 crore annualised in net sales
The Derma Co, the skincare brand owned by beauty and personal care (BPC) company Honasa Consumer, has crossed Rs 1,000 crore in annualised net sales…
Honasa shares jump 6% on Rs 5,500 crore revenue target by FY31. What is Goldman Sachs saying?
Shares of Honasa Consumer, the parent company of Mamaearth, rallied 6% to their day’s high of Rs 438 on the BSE as investors cheered the…
Honasa Consumer Q4 profit rises to Rs 69.4 crore, declares dividend of Rs 3 per share
Mamaearth parent Honasa Consumer’s net profit rose 177.6% year-on-year (YoY) to Rs 69.4 crore in this March quarter from Rs 25 crore a year ago….
NCLT approves SaaS startup MoEngage’s reverse flip plan
The National Company Law Tribunal has approved a plan by software-as-a-service startup MoEngage to shift its domicile from the US to India, according to an…
Wakefit won’t focus on its stock prices, but on long term growth: Cofounder Ramalingegowda
Mattress and furniture maker Wakefit will avoid managing the business around short-term share price movements and instead focus on long-term growth drivers such as omnichannel…
Mamaearth to acquire ‘Reginald Men’ at enterprise valuation of ₹195 crore| Business News
Honasa Consumer Ltd., which owns direct-to-consumer brands Mamaearth and The Derma Co. has agreed to acquire ‘Reginald Men’ maker BTM Ventures Pvt. Ltd. to enter…
Mamaearth parent invests in Couch Commerce to boost oral care play
Honasa Consumer, the parent company of personal care brand Mamaearth, and The Derma Co., will acquire a 25% stake in Couch Commerce for Rs 10…
Lenskart shares seesaw on debut: Here’s how new-age stocks fared on Day 1
Peyush Bansal’s Lenskart had a rocky start when its shares listed on the exchanges on Monday. The counter opened at a 3% discount on the…