🧴 Honasa Consumer Jumps 6% After 93% Profit Surge in Q3

Honasa Consumer shares rose over 6%, hitting their highest level since June 2025, after reporting a 93% YoY jump in consolidated profit to ₹50.2 crore for Q3 FY26 (vs ₹26 crore last year). Revenue increased 16.2% YoY to ₹601.5 crore, marking the company’s highest-ever quarterly revenue. Margin improvement was supported by cost control and optimised ad spending. Brokerage views were mixed: HSBC raised target to ₹260 (Reduce) CLSA raised target to ₹384 (Outperform) 📌 StockYard Take: Strong profitability momentum, but valuation outlook remains divided. ✈️ SpiceJet Hits Fresh 52-Week Low SpiceJet shares declined sharply in Friday’s session, touching a new 52-week low, reflecting continued pressure on the airline stock. #HonasaConsumer #Mamaearth #Q3Results #SpiceJet #StockYardResearch