Honasa Shares Jump Over 9% After Q2 Results

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SUMMARY

The Mamaearth parent posted a consolidated net profit of INR 39.2 Cr in Q2 FY26 as against a loss of INR 18.6 Cr in the year-ago quarter

Operating revenue rose 17% YoY to INR 538.1 Cr from INR 461.8 Cr in Q2 FY25, though both profit and revenue declined 5% and 10%, respectively, on a QoQ basis

Brokerages gave mixed calls on the stock following the Q2 financial performance. Jefferies and ICICI Securities maintained a ‘Buy’ rating with target prices of INR 450 and INR 400, respectively

Shares of Honasa Consumer



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Honasa Shares Jump Over 9% After Q2 Results


SUMMARY

The Mamaearth parent posted a consolidated net profit of INR 39.2 Cr in Q2 FY26 as against a loss of INR 18.6 Cr in the year-ago quarter

Operating revenue rose 17% YoY to INR 538.1 Cr from INR 461.8 Cr in Q2 FY25, though both profit and revenue declined 5% and 10%, respectively, on a QoQ basis

Brokerages gave mixed calls on the stock following the Q2 financial performance. Jefferies and ICICI Securities maintained a ‘Buy’ rating with target prices of INR 450 and INR 400, respectively

Shares of Honasa Consumer



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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