Mumbai, July 9 -- The company expects its business to deliver year-on-year growth of around 30% in Q1 FY27. On a reported basis, after adjusting for the change in revenue recognition policy by the Flipkart Group, revenue growth is expected to be in the mid-twenties.

Honasa's flagship brand, Mamaearth, is expected to post high-teen year-on-year growth during the quarter, supported by rising consumer demand and continued expansion of its offline distribution network. Meanwhile, the company's younger brands are projected to maintain strong momentum, with growth expected in the early forties.

The offline channel continued to be a key growth driver, with both General Trade and Modern Trade expected to sustain healthy growth. The company attr...