Confident of delivering 20% plus value growth for coming year: Ramanpreet Sohi, Honasa Consumer

economictimes.indiatimes.com:

«I think from the way our business is shaping up, the way we are looking at going deeper from a distribution perspective, building a younger brand, we are very confident of delivering plus 20% kind of value growth for the coming year,» says Ramanpreet Sohi, CFO, Honasa Consumer.

It has been a good all-round performance for you, at least for the quarter gone by. Directionally, things are moving in the right spirit. I want to first understand with the growth, what you have reported, revenue growth of 20% and volume growth numbers which you have reported for the first time also is 20% plus. 20%, will that sustain for FY25 and are we likely to see a build up on that?
No, of course, I think from a quarter perspective, pretty decent quarter for us. We have delivered about 23% value growth and volume growth is coming at 27%. And in fact, for the year, our volume growth was, in fact, about 40% and value growth for year perspective was plus 30%.

So, yes, I think from the way our business is shaping up, the way we are looking at going deeper from a distribution perspective, building a younger brand, we are very confident of delivering plus 20% kind of value growth for the coming year.

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But tell me you had guided for that 28.6% year-on-year growth in FY24. Your growth is slightly lower