Honasa Consumer Limited has informed the Exchange regarding Board meeting held on May 22, 2025.
HONASA · price
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Awaiting price reaction for this filing.
Honasa Consumer's board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with an unmodified auditor opinion from S.R. Batliboi & Associates LLP. Revenue from operations grew modestly by ~5.7% YoY to Rs 18,657.07 Million for FY25, while Q4 revenue rose ~12.2% to Rs 4,792.79 Million. However, profit after tanked ~47% YoY to Rs 640.83 Million for FY25 (from Rs 1,209.66 Million), with EPS falling to Rs 1.97 from Rs 3.86. Total expenses grew ~12.3%, outpacing revenue growth, indicating margin pressure. The board also appointed CS Shashi Shekhar of Arora Shekhar and Company as Secretarial Auditor for 5 years from April 1, 2025, and fixed September 25, 2025 for the 9th AGM via video conferencing.
Sharp ~47% drop in annual profit despite revenue growth signals significant margin compression, which may weigh on short-term sentiment. The strong YoY revenue uptick in Q4 and progress on the Project Neev distribution overhaul are positives, but investors will likely focus on the bottom-line weakness.