CosmicTaco
CosmicTaco

Mamaearth's Distribution Overhaul Impacts Honasa's Q2 Performance

  • Honasa Consumer, housing Mamaearth, reported a net loss of Rs 19 crore in Q2 2024 due to distribution model changes.
  • The company is focusing on strengthening offline GTM capabilities and bringing Mamaearth back on a growth trajectory.
  • The impact of product returns and inventory corrections was greater than anticipated, affecting Mamaearth’s growth.

Source: The Arc

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Honasa Shares Plunge 11%, Market Cap Falls Below $1 Billion

  • Honasa Consumer's shares fell 11%, pushing its market cap below $1 billion.
  • The downturn is linked to the company's shift to a D2C model under Project 'Neev'.
  • The stock has underperformed the Nifty 50, shedding nearly 40% on a ...
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The question I guess, we all should be asking, is why was this a $1Bn company so far? If it's a $1Bn consumer brand,...

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Misc19mo
by JumpyHamsterProduct Manager

The Fall begins

Looking for price prediction for 6 month, 12 month period.

Poor mutual fund investors.

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