Mamaearth Parent Honasa Consumer Shares Skyrocket 20% on Stellar Q2 Results | Stock Market News
Zee Business Video Team | Updated: November 23, 2023 12:57 PM IST
Honasa Consumer, the parent company of popular personal care brand Mamaearth, saw its shares surge a staggering 20% on Thursday, hitting their upper circuit limit, following a stellar performance in the second quarter of the financial year. Revenue jumped 21% year-on-year to Rs 496 crore, while EBITDA and PAT soared 53% and 94%, respectively.