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via livemint.comBusiness & Companies

Honasa Consumer eyes hair colour entry as Q2 net profit jumps 87% to ₹73 crore

FROM THE WIRE · LIVEMINT.COM

Focus categories, including face cleansers, shampoos, face serums, suncare and moisturisers, grew over 40% during the quarter and accounted for more than 80% of its business.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA sharp rise in quarterly profit and a possible product expansion can shape the outlook for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Q2 net profit rose 87% to ₹73 crore.
  2. 02Focus categories, including face cleansers, shampoos and serums, grew over 40% in the quarter.
  3. 03These focus categories accounted for more than 80% of the business.

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