At the operating level, EBITDA dipped 1% to ₹45.7 crore in the first quarter of this fiscal over ₹46 crore in the corresponding period in the previous fiscal. EBITDA margin stood at 7.7% in the reporting quarter as compared to 8.3% in the corresponding period in the previous fiscal.
Also Read: Mamaearth parent Honasa Consumer shares climb towards IPO price on promising Q4 numbersThe company reported that its gross profit margin improved to 71.2% in Q1 FY26, up 48 basis points year-on-year, continuing its steady upward trajectory as the company optimises operations and scales across brands.
The company’s focus categories, which contribute over 80% of revenue, continued to outperform, delivering double-digit YoY growth. This performance was driven by strong e-commerce sales and over 30% YoY offtake growth in modern trade.
Mamaearth, the flagship brand, maintained double-digit YoY growth in focus categories across key channels — e-commerce, modern trade, and general trade — supported by targeted category strategies, brand-building initiatives, and an ‘always-on’ media approach.Also Read: Honasa Consumer Q4 Results: Profit declines, revenue rises 13% YoY on newer brands growth
According to NielsenIQ data, Mamaearth’s retail footprint expanded to 2,40,113 FMCG outlets across India as of June 2025, marking a 20% YoY increase in distribution. The Derma Co. also sustained strong growth momentum, with its face cleanser category more than doubling in size YoY. This made it the third category, after serums and sunscreens, to cross an annual recurring revenue (ARR) of over ₹100 crore.
Honasa’s younger brands also posted robust growth, delivering over 20% growth in Q1 FY26. General trade distribution remained on a positive trajectory, with the company’s direct distribution strategy resulting in a more than 50% YoY increase in direct outlets billed during the quarter. Modern trade channels recorded more than 20% YoY offtake growth, further strengthening the company’s retail presence.
“Building on the momentum, Mamaearth continues to show sequential improvement, with younger brands growing over 20% YoY – The Derma Co. sustained strong momentum, with Face Cleansers becoming its third ₹100 Cr+ ARR category after Serums and Sunscreens,” said Varun Alagh, Chairman and CEO & Co-founder, Honasa Consumer.
Also Read: Honasa Consumer Q2 Results | Mamaearth parent slips into red, posts loss of ₹19 crore
The results came after the close of the market hours. Shares of Honasa Consumer Ltd ended at ₹269.90, up by ₹3.70 or 1.39% on the BSE.
