Personal Products company Honasa Consumer announced Q1FY25 results: Consolidated revenue of Q1FY25 stood at Rs 554 crore, with a YOY growth of 19.3% and sequential growth of 17.3% Product Business grew by 20.3% on the back of Underlying Volume Growth (UVG) of 25.2% in Q1FY25 EBIDTA margin expanding by 201 basis points (bps) y-o-y to 8.3% PAT increased by 62.9% y-o-y; Q1FY25 PAT at Rs 40 crore Honasa has captured a strong market share in the face wash category in online while steadily gaining ground offline, driven by its House of Brands strategy and innovation capabilities. The category achieved approximately Rs 800 crore GMV ARR for Honasa Sharing his thoughts on the financial achievements and business performance in Q1FY25, Varun Alagh, Chairman and CEO, Honasa Consumer, comments, “Reflecting on the highlights of Q1 FY25, we are delighted to report that Honasa has demonstrated remarkable resilience and growth this quarter, underscored by a strong operating performance and improved profitability. Mamaearth continues to win consumer love, driving offtakes and securing a position as the fourth largest face wash brand in modern trade according to Nielsen. Honasa has also captured a strong market share in the face wash category in online while steadily gaining ground offline, driven by its House of Brands strategy and innovation capabilities. Our focus on a data-driven, consumer-centric strategy has led to a remarkable 9% contribution from new products to our revenue, while our partnerships, like with Dr. Vanita Rattan to launch ‘Skin Renew by Dr. V’ range in The Derma Co, are enhancing our premium positioning in the actives category. As we transition to a more direct distribution model, we are well-positioned to sustain and accelerate our growth trajectory. By leveraging our unique House of Brands strategy, purpose-driven approach, and strong emphasis on R&D; and innovation, we are determined to solidify our leadership in the ever-evolving BPC FMCG segment.” Result PDF