Honasa clarifies quantum of unsold inventory in response to claims by distributors body

Honasa Consumer clarified the quantum of unsold inventory following concerns raised by a distributors’ body. The company acknowledged the issue and outlined steps to address the inventory backlog. Honasa Consumer plans to implement measures to improve inventory management and streamline its supply chain operations. The company remains committed to maintaining strong relationships with its distributors and ensuring smooth operations. Despite the challenges, Honasa Consumer continues to focus on its growth strategy and aims to enhance its market presence. The clarification aims to reassure stakeholders and maintain confidence in the company’s operations.