Mamaearth Q3 Results: Profit soars 265% YoY to Rs 26 crore; revenue jumps 28%

Honasa Consumer, which owns and operates Mamaearth, on Friday reported 265% growth in its consolidated net profit to Rs 26 crore for the quarter ended December. It was Rs 7.1 crore a year ago.

Revenue from operations in the third quarter increased 28% year-on-year (YoY) to Rs 488 crore, compared with Rs 382 crore in the same quarter of last year.

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Consolidated EBITDA for the quarter jumped 192% YoY at Rs 34.5 crore in the reporting quarter, margins improved 397 basis points YoY to 7.1%.

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