Personal Products company Honasa Consumer announced Q4FY24 & FY24 results: Q4FY24 consolidated revenue stood at Rs 471 crore Q4FY24 sales grew by 21.5% YoY (23.3% like-for-like) Q4FY24 consolidated EBITDA improved by by 780 bps at Rs 33 crore Q4FY24 clocked highest ever PAT at Rs 30 crore for the quarter and Rs 111 crore for FY24 Delivered a strong FY24 performance with 28.6% YoY growth (31.6% like-for-like) Business continues to be capital efficient, with a negative working capital cycle of minus 13 days. Sharing his thoughts on the business performance in Q4FY24, Varun Alagh, Chairman and CEO, Honasa Consumer, comments, “As we reflect on quarter and year, we are extremely happy to share that despite industry headwinds, Honasa has demonstrated remarkable resilience and growth for the quarter and fiscal, with a robust LFL growth of 23.3% for the quarter and 31.6% annually. We have stayed committed to delivering growth, improving profitability, and incroreeasing our distribution network. Mamaearth's unwavering popularity among consumers has been a key driver of our continued success, while The Derma Co's is catching up and has recently achieved an ARR of Rs 500 crore+ highlighting our ability to croreaft and scale new-age beauty brands. Going forward, our focus remains on seizing untapped opportunities in the beauty landscape by tailoring brands and croreeating products that resonate with next-gen Indian consumers. Through our House of Brands approach, purpose-driven strategy, and placing emphasis on R&D; and innovation, we aim solidify our position as frontrunners in the ever-changing BPC segment”. Result PDF