Honasa Consumer reports consolidated net profit of Rs 30 crore in Q4

24 May 2024 Evaluate

Honasa Consumer has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported net profit at Rs 26.71 crore for the quarter under review as against net loss of Rs 151.49 crore for the same quarter in the previous year. Total income of the company increased by 21.32% at Rs 445.42 crore for Q4FY24 as compared Rs 367.15 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net profit at Rs 30.48 crore for fourth quarter ended March 31, 2024 as against net loss of Rs 161.76 crore for the same quarter in the previous year. Total income of the company increased 24.38% at Rs 490.14 crore for Q4FY24 as compared Rs 394.07 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported net profit at Rs 120.97 crore as against net loss of Rs 120.56 crore for the previous year. Total income of the company increased by 28.07% at Rs 1812.52 crore for year under review as compared to Rs 1415.24 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported net profit at Rs 110.53 crore as against net loss of Rs 150.97 crore for the previous year. Total income of the company increased by 29.98% at Rs 1969.61 crore for year under review as compared to Rs 1515.27 crore for year ended March 31, 2023.

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