Honasa Consumer, parent company of Mamaearth, reaches all-time high due to strong performance and growth

From Google: 2024-08-26 01:02:06

Honasa Consumer, the parent company of Mamaearth, has hit an all-time high with a market capitalization of over Rs 1,000 crore. This is attributed to the brand’s strong performance and rapid growth in the personal care segment.

Mamaearth has witnessed a remarkable growth of 3.5 times in the last year, achieving a sales run rate of Rs 700 crore. The brand has a wide range of personal care products, catering to the needs of consumers looking for natural and chemical-free options.

The company’s success can be attributed to its focus on digital marketing and e-commerce channels, which have helped Mamaearth reach a wider audience and gain popularity among Indian consumers. This has enabled the brand to compete with established players in the market and carve out a niche for itself.

As a result of its growth and success, Honasa Consumer has become one of the fastest-growing personal care brands in India. The company’s innovative product range, combined with its strong focus on customer satisfaction, has helped it achieve significant milestones in a short period of time.



Read more at Google: Mamaearth’s parent Honasa Consumer clocks all time high; here’s why – Business Standard