Honasa Consumer gains on strong Q2 NSV growth outlook
Mumbai, Oct. 6 -- The company expects net sales value (NSV) growth in the early-thirties year on year during the quarter, building on the momentum recorded in Q1 FY27.
Mamaearth is expected to maintain its growth momentum and report high-teens YoY NSV growth in Q2 FY27. The company attributed the expected performance to rising brand affinity and an expanding offline presence.
The company's younger brands, including The Derma Co., Aqualogica, BBlunt, Dr. Sheth's, Staze, Lumineve and Reginald Men, are expected to accelerate their YoY NSV growth to around the mid-forties, supported by continued consumer traction.
Offline channels are expected to remain the key growth driver, with both general trade and modern trade projected to post stron...
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