Beauty and personal care (BPC) major Honasa Consumer posted a consolidated net profit of INR 39.2 Cr in Q2 FY26 as against a loss of INR 18.6 Cr incurred in the year-ago period. However, it is pertinent to note that the company slipped into the red in Q2 FY25, along with seeing a decline in revenue, due to its transition from super-stockist-led model to direct distributor model.

The company’s profit declined 5% from INR 41.3 Cr in Q1 FY26.

Operating revenue for the quarter under review rose 17% to INR 538.1 Cr from INR 461.8 Cr in the year-ago period. However, it declined 10% QoQ from INR 595.3 Cr. Including other income of INR 20.1 Cr, total income stood at INR 558.2 Cr.

Meanwhile, total expenses remained largely flat YoY at INR 505.5 Cr. The company’s tax expense for the quarter stood at INR 13.5 Cr as against a tax credit of INR 5.8 Cr in the year-ago quarter.

(The story will be updated soon)

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