13/8/2024, 3:36:03 pm

Mamaearth parent Honasa Consumer's Q2FY25 to be muted

Mamaearth’s parent company, Honasa Consumer, is expected to witness muted growth in Q2 FY25 due to its distribution transition from a super stockist to D2C company which will require inventory correction, CFO Ramanpreet Sohi told Moneycontrol. The impact on the company at an annual level would be a 150 to 200 basis points on growth due to the “accelerated transition in Q2,” Sohi said.