Mamaearth parent's profit up 63% YoY in Q1 as revenue growth slows

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Shares of the company closed 4.70% lower at Rs 473 apiece on the NSE on Friday.

"Our focus on a data-driven, consumer-centric strategy has led to a remarkable 9% contribution from new products to our revenue, while our partnerships, like with Dr Vanita Rattan to launch ‘Skin Renew by Dr.

The house of brands clocked a net profit of Rs 40.26 crore in Q1 FY25 compared with Rs 24.7 crore during the comparable period last year, the filings with the BSE showed.

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Author / Journalist: Akshita Toshniwal

Category: StartupsEconomyBusiness

Markets: India

Topics: 2024 Policy Crore Derma Revenue Strategy Consumer Honasa Profit Privacy Company

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-09 @ 11:07:18 (12 hours ago)

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Language: English

Article Length: 379 words

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