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Mamaearth Q2 Results: Profit soars 93% YoY to Rs 29 crore; revenue jumps 21%
Honasa said it is continuing to focus on strong offline distribution as well. As per NielsenIQ, brands of Honasa Consumer retailed at 1.65 lakh offline outlets in September 2023, an increase of 47% in offline distribution YoY. In the first half, the company clocked Rs 961 crore in revenue from operations, growing 33% YoY (like-for-like growth of continuing business was 36%). This was driven by volume growth of 35% YoY.