
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
8mo ago
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