$HONASA

Honasa Consumer shares surged more than 10 per cent on Friday after the company reported a more than two-fold increase in consolidated net profit for the March quarter, prompting brokerages to retain a positive outlook on the stock. The company, which owns brands such as Mamaearth and The Derma Co, posted a consolidated net profit of Rs 69.43 crore for the January-March quarter of FY26, compared to Rs 24.97 crore in the corresponding period last year, according to an exchange filing. Revenue from operations rose 23.15 per cent year-on-year to Rs 657.08 crore in Q4 FY26, up from Rs 533.56 crore in the same quarter a year ago. Honasa Consumer said the March quarter delivered its highest-ever quarterly revenue on a year-on-year basis, along with a record EBITDA of Rs 77 crore. The company also reported 23 per cent year-on-year revenue growth during the quarter, while volume growth came in at 30 per cent. EBITDA margin expanded by more than 650 basis points compared to the previous year, leading to EBITDA performance that exceeded market estimates.