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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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8mo ago
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