Honasa Consumer, the parent company of Mamaearth, reported a net profit of ₹39.2 crore in Q2 FY26, marking a reversal from last year’s loss. Revenue from operations rose 16.5% year-on-year to ₹538.1 crore, supported by solid volume growth, improved distribution efficiency and disciplined cost management. EBITDA reached ₹48 crore, while gross margins strengthened further. The company maintained a negative working capital cycle of nine days, reflecting strong operational efficiency across channels. Unit volume growth came in at 16.7%, underscoring sustained consumer demand across key personal care categories.