Honasa shares surge 8% on Q2 growth guidance

Shares of Honasa Consumer, the parent company of direct-to-consumer brand Mamaearth, climbed over 8% on Monday after the company guided for low-to-mid double-digit net sales value growth in the September quarter. Honasa’s closing price was reported at ₹478.1 on the BSE.

The guidance, disclosed earlier, comes as some investors have grown cautious about India’s D2C sector in recent months.

The market’s response may indicate cautious optimism, though the guidance itself leaves room for interpretation. Low-to-mid double-digit growth could span a range, and investors will likely await the final results later this month for clarity.

The rally may also reflect broader discussions about the resilience of consumer startups in India. While growth-stage funding has shifted toward other sectors, Honasa’s update suggests some D2C players could still demonstrate momentum under the right conditions. The company’s next challenge will be to show how it balances growth with long-term profitability.

Sources: inc42.com