Honasa Shares Jump Over 9% After Q2 Results

The Mamaearth parent posted a consolidated net profit of INR 39.2 Cr in Q2 FY26 as against a loss of INR 18.6 Cr in the year-ago quarter

Operating revenue rose 17% YoY to INR 538.1 Cr from INR 461.8 Cr in Q2 FY25, though both profit and revenue declined 5% and 10%, respectively, on a QoQ basis

Brokerages gave mixed calls on the stock following the Q2 financial performance. Jefferies and ICICI Securities maintained a ‘Buy’ rating with target prices of INR 450 and INR 400, respectively

Shares of Honasa Consumer…