Honasa Consumer’s skincare brand achieves annual revenue rate of Rs 500 crore

22 Apr 2024 Evaluate

The Derma Co., an active ingredient backed skincare brand from Honasa Consumer, has achieved an annual revenue rate of Rs 500 crore. This achievement underscores the company’s capabilities to craft and scale new brands with strategic innovations, delivering exceptional skincare solutions to consumers across India.

Honasa Consumer, after Mamaearth has yet again, demonstrated the strength of its on-trend, data-based innovation strategy, taking The Derma Co. to achieve this milestone. The focus on leveraging data for product innovation and responding swiftly to emerging trends continues to be a cornerstone of the strategy. Creating brands with expert product portfolio, with differentiated propositions across categories like face serums, hydrating sunscreens, sunscreen stick, acne patches, and customizing them for Indian skin and weather, and has sold over 1 crore units in the last fiscal and has been a lever for achievement of this milestone.

Honasa Consumer, doing business as Mamaearth, provides e-commerce services. The company offers baby, skin, body, and hair care products, as well as mosquito protection roll on and creams. 


Honasa Consumer Share Price

237.40 -26.35 (-9.99%)
21-Nov-2024 16:59 View Price Chart
Peers
Company Name CMP
Redington 191.50
Adani Enterprises 2182.55
Amrapali Industries 18.01
Rashi Peripheral 361.95
Compuage Infocom 2.58
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