Honasa Consumer Ltd, the owner of Mamaearth and The Derma Co brands, has reported a 178% jump in consolidated net profit at Rs 69.43 crore for the March quarter, from Rs 24.97 crore in the corresponding period a year ago.
The company's revenue from operations surged 23.15% to Rs 657.08 crore in Q4, from Rs 533.56 crore a year ago.
Q4FY26 witnessed the highest-ever quarterly revenue on a year-on-year basis, along with the highest-ever EBITDA of Rs 77 crore, Honasa Consumer said. EBITDA margin expanded to 11.7% from 5.1% a year earlier.
Profitability was supported by stronger operating leverage and better cost efficiencies, according to the company.
Total income, including other income, increased 22% to Rs 675.96 crore in the March quarter.
The company continued to strengthen its offline presence as part of its wider distribution strategy. Honasa said it billed 1.2 lakh outlets directly through distributors during FY26, helping deepen its reach beyond digital channels.
"Younger brands grew 40% YoY in FY26, maintaining strong momentum across online and offline channels. The Derma Co continues to deliver strong growth across channels, maintaining a double-digit EBITDA profile," it said.
The Derma Co remained one of the key growth drivers during the year, benefitting from rising demand for science-backed skincare products.
For FY26, Honasa Consumer's net profit surged to Rs 200.19 crore. It was Rs 72.68 crore in the year-ago period. Its total consolidated income grew 15.37% to Rs 2,475.52 crore for the financial year ended on March 31, 2026.
Maiden dividend
Meanwhile, the company's board has approved its maiden final dividend, recommending a payout of Rs 3 per equity share, amounting to 51.2% of FY26 standalone PAT.
The announcement of its maiden dividend was seen by analysts as a sign of improving financial stability and confidence in future cash flows. Investor sentiment also remained positive after the earnings announcement, with the stock ending higher on the BSE following the results.
Shares of Honasa Consumer Ltd settled at Rs 299.05 on on Thursday on the BSE, up 2.24% from the previous close.
(With inputs from PTI)
Edited by Swetha Kannan