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SUMMARY
After a challenging FY25 marked by profit decline, leadership churn and distribution hiccups, Mamaearth parent Honasa has found its footing again in Q1 FY26
The beauty, personal care and skincare retail giant has sharpened its focus on its six owned brands across categories that contribute 80% of the overall revenues
The Mamaearth owner claims it can unlock double-digit growth with a focus on selected brands, leveraging quick commerce and direct distribution
It wasn’t easy for Honasa founders Varun and Ghazal…
