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Mamaearth Q2 Results: Honasa Consumer Limited, which owns FMCG brands such as Mamaearth and The Derma Company, has announced its September quarter results. In the September quarter, the company’s profit almost doubled to Rs. 29.43 crores.
Income and Expenditure of the Company: In the second quarter of the current financial year, revenue from Honasa Consumer’s operations increased by 20.85 percent to Rs. 496.10 crores. In the same period a year ago, it was Rs. 410.49 crores. Its total expenditure in the September quarter was Rs. 463.98 crore, which is 18.25 percent higher than a year ago. In the September quarter, the company’s total revenue increased by 21.09 percent to Rs. 503.18 crores.
Listings happened this month: Let us tell you that the listing of Honasa Consumer Limited in the stock market has taken place this month. The company’s IPO, which was listed on November 7, was launched on October 31. The issue price of this IPO is Rs. 308 to Rs. 324 per share was fixed.
The IPO gave modest profits to investors on the day of listing. After this, today i.e. on 22nd November the share is Rs. 383.80 reached an all-time high. However, the closing was dominated by profit-taking and the stock fell 4% to Rs. closed at 352.10.