Honasa Consumer expects strong Q1 growth, led by Mamaearth
Beauty and personal care company Honasa Consumer, parent of Mamaearth, expects a strong start to FY27. In a stock exchange filing, the company said it anticipates revenue growth in the thirties on a year-on-year basis in the June quarter, driven by sustained demand across its key categories.
On a reported basis, however, the company expects revenue growth in the mid-twenties, due to a change in revenue recognition by the Flipkart group, which has impacted how marketplace sellers such as Honasa account for revenue.
On a reported basis, however, the company expects revenue growth in the mid-twenties, due to a change in revenue recognition by the Flipkart group, which has impacted how marketplace sellers such as Honasa account for revenue.
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