Shares of Honasa Consumer Rise 9% on Q3 Earnings: Still Trading 60% Below its Peak
Shares of Honasa Consumer increased by about 9% to ₹222 after the company’s Q3FY25 earnings exceeded expectations. Revenue increased 6% to ₹517.5 crore, but net profit remained at ₹26 crore. Following the announcement of Honasa Consumer’s December quarter figures, which were somewhat above Street predictions, shares of Mamaearth’s parent company, Honasa Consumer, rose by about…