Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Mamaearth parent Honasa posts Rs 462 Cr revenue in Q2 FY25, slips into losses
Honasa Consumer Ltd, the parent company of Mamaearth, reported a revenue of Rs 462 crore for the second quarter of FY25. Despite the impressive revenue figure, the company slipped into losses during this period. The decline in profitability has been attributed to increased marketing expenses and higher operational costs as the company continues its aggressive expansion and brand-building efforts. Mamaearth, known for its range of personal care and beauty products, has been investing heavily in digital marketing and new product launches to capture a larger market share. The company's focus on growth and market penetration has led to a short-term impact on its bottom line, but it remains optimistic about long-term profitability and sustained growth.