Honasa Consumer Limited ( mamaearth ) delivered a strong start to FY26, with consolidated net profit after tax rising 119% year-on-year to ₹904.48 million for the quarter ended June 30, 2026. This compares to ₹413.25 million in Q1FY25. Revenue from operations expanded 27% to ₹7,559.46 million, up from ₹5,952.54 million in the corresponding prior period.

The profit surge was driven by robust top-line growth alongside controlled expense management. While total expenses increased to ₹6,592.70 million from ₹5,635.51 million, the profit before tax more than doubled to ₹1,192.44 million from ₹555.93 million. Other income contributed ₹225.11 million, slightly lower than the ₹238.90 million recorded in Q1FY25.

Financial Performance

Standalone results mirrored the consolidated trend, with net profit reaching ₹843.12 million compared to ₹399.01 million in Q1FY25. Standalone revenue grew 19% to ₹6,963.18 million.

What the Numbers Show

The company’s effective tax rate for the quarter stood at approximately 24.1%, calculated on total tax expenses of ₹287.96 million against a profit before tax of ₹1,192.44 million. This is higher than the implied rate in Q1FY25, where tax expenses were ₹142.68 million on a profit before tax of ₹555.93 million (approx. 25.7%), suggesting a stabilization in tax provisioning despite deferred tax credits in the prior year.

Legal and Strategic Developments

Honasa secured a significant legal victory in its dispute with RSM General Trading LLC, its former overseas distributor. An arbitral tribunal passed a final award in favor of Honasa on May 14, 2026, declaring that RSM breached the arbitration agreement by pursuing proceedings in Dubai courts. The tribunal ordered RSM to pay approximately AED 9.92 million (₹255.36 million) towards various claims filed by Honasa.

The Board of Directors approved the acquisition of a 58% majority stake in Fluence Pharma Private Limited on June 23, 2026, subject to closing adjustments. The remaining 42% stake will be acquired in two tranches over the next five to seven years. Additionally, the company incorporated a wholly owned subsidiary, Honasa Health Private Limited, on July 7, 2026, to handle business-to-consumer nutraceutical operations.

Dividend and Share Capital

The Board recommended a final dividend of ₹3 per equity share for FY26, subject to shareholder approval at the upcoming Annual General Meeting. During the quarter, paid-up equity share capital increased to ₹3,260.24 million from ₹3,253.70 million following the exercise of stock options by employees.

Honasa Consumer Limited will participate in the ‘Ambit-Daiwa India Access’ conference organized by Ambit Capital Pvt Ltd on August 18, 2026, in Singapore. The company’s management team will engage with analysts and investors through both one-on-one and group meetings, providing an opportunity for direct dialogue regarding the business outlook. This engagement aims to enhance transparency and keep stakeholders informed about the company’s strategic direction.

The conference is scheduled to run from 9:00 am to 5:00 pm Singapore Time, which corresponds to 6:30 am to 2:30 pm Indian Standard Time. The event will be held in a physical format, allowing for face-to-face interactions between the management and market participants. Honasa Consumer Limited disclosed these details to the National Stock Exchange of India Limited and BSE Limited on August 11, 2026.

This disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates timely communication of material events to stock exchanges. The company noted that the schedule is subject to change due to exigencies on the part of either the investor or the company. The full disclosure has also been hosted on the company’s website at www.honasa.in .

Meeting Details

The meeting represents a standard part of the company’s ongoing investor relations efforts, ensuring that key financial and operational updates are communicated directly to the investment community. Investors are advised to monitor the company’s official communications for any last-minute changes to the schedule or format of the engagement.