Honasa Consumer Q4 results: Profit jumps 178% in FY26

Key takeaways from Honasa’s March-quarter update

Honasa Consumer, the parent of Mamaearth, reported a sharp rise in profitability for the March quarter (Q4 FY26), supported by stronger sales and an improvement in operating performance. The company said consolidated net profit for the quarter rose 178% year-on-year to ₹69.4 crore. Revenue from operations increased by over 23% to ₹657.1 crore.

Alongside the earnings, Honasa’s board approved its maiden final dividend, recommending ₹3 per equity share. The dividend proposal is subject to shareholder approval and is planned to be paid after the company’s annual general meeting (AGM), if approved.

Q4 FY26 profit jumps to ₹69.4 crore

For Q4 FY26, Honasa reported consolidated net profit of ₹69.4 crore, compared with ₹24.9 crore in the same quarter last year. The numbers indicate a significant year-on-year improvement in earnings.

The quarter also showed sequential growth compared with Q3 FY26. Honasa reported a profit of ₹50.2 crore in the December quarter (Q3 FY26), making the March quarter stronger on a quarter-on-quarter basis.

Revenue rises 23% to ₹657.1 crore

Honasa said revenue from operations for Q4 FY26 stood at ₹657.1 crore, up from ₹533.6 crore a year earlier. On a sequential basis, the company reported Q3 FY26 revenue of ₹601.54 crore.

The quarterly trend is notable because it shows both year-on-year and quarter-on-quarter improvement in revenue. The company’s disclosures in the provided update indicate that sales momentum strengthened into the March quarter.

Full-year FY26: profit up 176% to ₹200.2 crore

For the full financial year 2025-26, Honasa reported net profit of ₹200.2 crore, up 176% year-on-year from ₹72.7 crore in the previous year.

On the income line, Honasa said total income for FY26 increased 15.7% to ₹2,391.9 crore from ₹2,066.9 crore in FY25. These figures, taken together, point to a year where profit growth outpaced the growth in income.

Maiden final dividend: ₹3 per equity share

Honasa’s board recommended a final dividend of ₹3 per equity share, described as the company’s first final dividend. The company said the dividend represents about 51.2% of FY26 standalone profit after tax (PAT).

The update also clarified process milestones. Shareholder approval is required, and the dividend will be paid after the AGM if it receives approval.

What earlier quarterly disclosures showed on revenue, profit, and expenses

In another excerpt included in the provided material, Honasa was described as set to report audited financial results for the quarter. The same set of disclosures also discussed the October-December period, when the company reported operating revenues of about ₹601 crore and net profit of about ₹50 crore.

That excerpt also said total expenses in the quarter increased to ₹550 crore from ₹507 crore. It attributed major components to purchase of traded goods worth ₹163 crore, employee benefit expenses of ₹71 crore, and other expenses of ₹276 crore.

The material further cited a one-time accounting impact linked to a change in settlement arrangement with the Flipkart group. The impact was stated to be about ₹28 crore on revenues for the quarter, with the clarification that it did not affect overall profitability. Without this change, revenue for the quarter would have been ₹630 crore.

Stock market reaction and recent price points cited

The update included two separate price references from different excerpts. In one, Honasa Consumer shares were reported to have closed on Thursday up 1.39% at ₹361.70, with the stock said to have delivered about 33% returns over one year.

Another excerpt said Honasa shares closed up 2.24% on the BSE on Wednesday at ₹299.05. The provided material does not reconcile these two closes, but both are part of the information shared in the source compilation.

Peer context mentioned alongside the results

The broader business update also referenced other companies’ quarterly performance. It said Nykaa’s quarterly profit jumped nearly four-fold to ₹78 crore, while its beauty segment revenue rose 27.2% to ₹2,410 crore. It also noted Apollo Hospitals’ Q4 net profit rose 33% to ₹551.3 crore.

These references provide a snapshot of earnings season updates across consumer and healthcare names, although the detailed financial discussion in the material is focused on Honasa.

Key numbers at a glance

Why the update matters for investors

The latest numbers show a clear step-up in both profitability and revenue growth in the March quarter, while the full-year figures point to a strong expansion in net profit versus the prior year. The dividend recommendation adds a new shareholder return element that was not part of the company’s prior history, based on the statement that this is its first final dividend.

Separately, the cited one-time accounting impact tied to a settlement arrangement change highlights how revenue recognition items can influence reported topline numbers without necessarily changing profitability, as stated in the provided excerpt.

What to watch next

The dividend recommendation will need shareholder approval and is expected to be paid after the AGM, subject to that approval. Investors will also track subsequent audited filings and any further detail on quarterly cost structure, including the expense items and revenue adjustments referenced in the October-December discussion.