HONASA CONSUMER LTD Q1 RESULTS
Block deal impact: Mamaearth shares fall 4% as 66 lakh shares change hands
Mamaearth Share Price: Shares of Honasa Consumer, owner of Mamaearth, dropped 4% post a block deal where 66.20 lakh shares exchanged at Rs 439 each, totaling Rs 291 crore. The deal, equivalent to a 2% stake, likely saw Fireside Ventures and Sofina Ventures as sellers, both holding significant stakes in Honasa Consumer.
Consumer sector in focus post-election results! D-Mart, Tata Consumer could give 12-18% in 1 year
We believe this rally in staple stocks is driven by not only its ‘defensive sector’ tag but also the underlying excitement, which was triggered by strong post-Q4 management commentary.
New-age stocks recover post poll results; Ixigo IPO launch
A day after election results, shares of new-age companies like Zomato and Delhivery made a sharp recovery on the bourses. A look at the numbers and more in today’s ETtech Top 5.
Ecommerce fails to click for firms in Q4 as sales dip across segments
Online consumption lagged in the March quarter across segments like electronics, wearables and beauty. Delhivery said ecommerce delivery volumes declined 13% sequentially in the March quarter to 176 million, while on a year-on-year basis they were down 2%. Cofounder and CEO Sahil Barua indicated this slowdown comes after a strong December quarter.
Bosch Q4 Results: Net profit rises on higher demand
Bosch, the Indian arm of German automotive supplier Robert Bosch GmbH, reported a 41.5% climb in fourth-quarter profit on Friday, helped by better demand for its automotive products and consumer goods.
Confident of delivering 20% plus value growth for coming year: Ramanpreet Sohi, Honasa Consumer
We have delivered 7% EBITDA for the year and we are looking at about 150 bps expansion into next year.Now, of course out of this, two-third of this will be driven by marketing A&P efficiencies. I think one thing that everyone needs to understand is that we are building a house of brands.
- Go To Page 1
Honasa shares surge 7% after reporting Rs 30 crore profit in Q4. Should you buy, sell or hold?
Honasa Consumer, the parent company of Mamaearth, saw its shares surge by 7% during Friday's trading session on the BSE, reaching a peak of Rs 447.70. This increase followed the announcement of a net profit of Rs 30.4 crore for the quarter ending March 2024, a significant improvement compared to the Rs 161.7 crore loss reported in the same quarter last year.
Visa fee hike hits IT cos; Airport cab fares set to rise
Happy Friday! The hike in H-1B visa fee will hurt IT service companies severely, experts have warned. This and more in today’s ETtech Morning Dispatch.
Stocks in news: Honasa Consumer, ITC, IndiGo, Vodafone Idea, ZEE
Honasa Consumer, which owns and operates Mamaearth, on Thursday reported a net profit of Rs 30.4 crore for the fourth quarter ended March 2024.
Go Digit’s D-Street debut; Honasa Consumer Q4 financials
Shares of Go Digit General Insurance started trading on the stock market Thursday. More on this in today’s ETtech Top 5.
ITC Q4 Results: Net profit drops marginally to Rs 5,020 crore
Revenue from operations went up by 1.4% at Rs 17,752.87 crore in the period under review. The company said excluding the agri-business (which was severely impacted due to government restrictions in trade of agri-commodities), the company’s gross revenue during the fourth quarter has gone up by 6% y-o-y.
Honasa Consumer Q4 Results: Co posts profit of Rs 30 crore; revenue rises 21% YoY
Honasa Consumer Q4 Results: Revenue from operations in the fourth quarter increased 21% year-on-year (YoY) to Rs 471 crore against Rs 388 crore in the corresponding quarter of the previous fiscal. The company clocked its highest-ever profit during the March quarter, which led to a 780-bps improvement in EBITDA margins YoY.
Jubilant FoodWorks Q4 Results: Profit jumps on steady demand
Jubilant FoodWorks reported a more-than-seven fold jump in quarterly profit on Wednesday as the Domino's Pizza's Indian franchisee booked an one-time gain and also benefited from steady demand.
Zydus Lifesciences Q4 Results: Drug makers posts threefold YoY jump in net profit to Rs 1,182 crore
Zydus Lifesciences on Friday reported Rs 1,182 crore net profit in Q4FY24, a threefold year-on-year (YoY) jump led by growth in US, India, Europe and emerging market sales.
Walmart Q1 Results: Co reports profits of $5.10 billion driven by consumers seeking bargains
Walmart Inc. reported another quarter of strong quarterly results Thursday as its low prices pull in shoppers scouring for discounts with inflation stubbornly high.
SBI, Godrej Consumer top buys post Q4 results; could give 13-17% upside in 1 year
SBI and Godrej Consumer are top buys post Q4 results, led by BFSI and Auto sectors. Nifty stocks show growth, while Tier-1 IT companies face challenges. Business and credit growth outlook positive for SBI.
Kalyan Jewellers Q4 Results: Cons PAT zooms 97% YoY to Rs 137 crore
Jewellery major Kalyan Jewellers recorded a consolidated revenue of Rs 18,548 crore in FY24 as against Rs 14,071 crore in the previous year, a growth of 32%. Consolidated profit after tax (PAT) for FY24 stood at Rs 596 crore, a 36 per cent rise over FY23.
Asian Paints Q4 Results: Net profit rises 2% YoY to Rs 1,257 crore, misses estimates
Asian Paints Q4 Results: The Q4 profit marked a mere 2% increase year-on-year (YoY) from Rs 1234 crore reported in the same quarter last year. Revenue from operations fell marginally to Rs 8,731 crore
Godrej Consumer shares surge nearly 8% after Q4 results. Should you buy?
Godrej Consumer Share Price: Shares of Godrej Consumer Products surged 8% to its fresh all-time high of Rs 1,349.65 on BSE in Tuesday's early trade even after reporting a consolidated net loss of Rs 1,893 crore for the quarter ended March 31, 2024.
Godrej Consumer Q4 Results: FMCG major posts loss of Rs 1,893 crore against profit a year ago
The company also declared an interim dividend of Rs 10 per share for the financial year 2024-25 and the record date for ascertaining the names of the shareholders who will be entitled to receive the said dividend is Tuesday, May 14, 2024. The dividend will be paid on or before Wednesday, June 5, 2024.
Mastercard Q1 Results: Profit beats St expectations as consumer spending defies inflation worries
Mastercard's Q1 profit exceeded expectations with solid results driven by consumer spending. Asia Pacific travel trends and cross-border spending were impacted by timing differences.
Tata Consumer shares fall 5% as Q4 results fail to impress. What's the new target price?
Tata Consumer shares dropped 5% to Rs 1,112 on BSE as its Q4 net profit fell 19% YoY to Rs 217 crore. Goldman Sachs maintains a neutral rating, citing slowed India beverage growth and margin reliance on international and unbranded segments.
Tata Consumer Q4 Results: Net profit falls 19% YoY to Rs 217 crore
Revenue from operations during the reporting period rose 8% year-on-year to Rs 3,927 crore, compared with Rs 3,618 crore in the previous year quarter. The board recommended a final dividend of Rs 7.75 per equity share (775%) for the financial year 2023-24. The dividend will be approved by the members within 30 days of its declaration.
Mamaearth shares rally 8% as The Derma Co hits Rs 500 crore revenue milestone
Honasa Consumer, the parent company of skincare brand The Derma Co., saw its shares surge by up to 7.6% to Rs 435 on BSE after announcing The Derma Co.'s achievement of an annual revenue run rate (ARR) of Rs 500 crore.
Tata Consumer Q4 results today: What to expect and how to trade the stock?
Tata Consumer Q4 results: Tata Consumer to announce Q4 results with expected revenue growth in various segments. Sharekhan predicts volume growth in the domestic tea business. Nuvama expects strong performance from Capital foods. US Coffee volumes may remain steady.
Honasa Consumer's The Derma Co hits Rs 500 crore revenue run rate
Honasa Consumer's The Derma Co achieved Rs 500 crore ARR, competing with Minimalist and Plum. Profitable in FY24 Q1-3, it surpassed Rs 350 crore in June-quarter FY24.
L'Oreal Q1 Results: Sales jumps 9.4% on strong mass market demand
L'Oreal's Q1 sales rose 9.4%, beating expectations amid U.S. and China market worries. Maybelline, Lancome brands led the 11.24 billion euros revenue. Ulta Beauty, e.l.f. Beauty, Coty faced pressure. Estee Lauder, North America, Europe impacted.
Bank of America Q1 Results: Profits fall 18% on higher expenses, charge-offs
Bank of America's first-quarter profits decreased due to higher expenses related to rising interest rates, surpassing expectations. The bank made a $700 million payment to the FDIC to support the deposit insurance fund, impacting its earnings.
Mamaearth shares jump 10% on strong Q3 earnings
Consolidated EBITDA for the quarter jumped 192% YoY at Rs 34.5 crore in the reporting quarter, margins improved 397 basis points YoY to 7.1%.
Load More
