India, May 22 -- Shares of Honasa Consumer, the parent of Mamaearth, surged as much as 13% to hit a fresh 52-week high of Rs.405.4 on the BSE today after the company reported a sharp jump in profit for Q4 FY26 yesterday which drew bullish commentary from brokerages.

The stock later pared some of the gains amid profit booking and was trading 11.3% higher at Rs.400.7 at 12:44 IST. The company's market capitalisation stood at Rs.12,990 Cr (about $1.3 Bn) at the time.

Honasa reported a 177.6% jump in consolidated net profit to Rs.69.4 Cr in Q4 FY26 from Rs.25 Cr in the year-ago quarter. Sequentially, profit rose 38.2% from Rs.50.2 Cr.

Operating revenue rose 23.1% to Rs.657.1 Cr during the quarter under review from Rs.533.6 Cr a year earlie...