MamaEarth-parent reports Rs 39 Cr profit on Rs 538 Cr revenue in Q2 FY26

Honasa Consumer Limited, the parent company of personal care brand MamaEarth, has announced its financial results for the second quarter of the ongoing fiscal year (Q2 FY26) on Wednesday. The Gurugram-based company reported a 16.5% growth in scale, while it posted a profit of Rs 39 crore in the same quarter.

MamaEarth’s revenue from operations increased to Rs 538 crore in Q2 FY26 from Rs 462 crore in Q2 FY25, its financial statements accessed from the National Stock Exchange (NSE) show.

On a half-yearly basis, MamaEarth’s operating revenue increased 12% to Rs 1,133 crore in H1 FY26 from Rs 1,016 crore in H1  FY25.

The company has not disclosed its revenue breakdown for the last quarter. It also added Rs 20 crore from non-operating activities which tallied its overall revenue to Rs 558 crore in Q2 FY26.

For the D2C brand, the cost of procurement of products accounted for 32% of the overall expenditure. This cost increased by 10% to Rs 159 crore in Q2 FY26 from Rs 144 crore in Q2 FY25.

Employee benefit expense rose 18% to Rs 60 crore in Q2 FY26 from Rs 51 crore in Q2 FY25. Marketing, legal, rent, and other overheads fell 9% year-on-year which kept the total expenditure flat at Rs 505 crore in Q2 FY26 as compared to Rs 506 crore in Q2 FY25.

In the end, the company reported profit after tax of Rs 39 crore in Q2 FY26, as compared to a loss of Rs 18.56 crore in Q2 FY25. On a unit basis, the company spent Re 0.94 to earn a Rupee of operating revenue. For the six months ending September 2025, the company’s profit spiked 3.7X to Rs 80.5 crore in H1 FY26 from Rs 21.6 crore in H1 FY25.

During the period the company picked up 25% stake in Couch Commerce Private Limited which owns brand “Fang Oral Care” for a consideration of upto Rs 10 Crores.

At the end of today’s trading session, MamaEarth parent’s shares were trading at Rs 283 with a total marketing capitalization of Rs 9,238 crore ($1 billion).