The Derma Co., the leading active ingredient brand designed by dermatologists from Honasa Consumer, announced its first-of-its-kind collaboration with Dr Vanita Rattan (Dr V), a renowned doctor, cosmetic formulator, and influential figure from UK. This pioneering collaborationwill lead to the debut of an industry-first skincare range, Skin Renew by The Derma Co. X Dr V, meticulously formulated by Dr V to cater to the unique skin care needs of the Indian population.The Skin Renew Range comprises of five essential products � Face Wash, Toner, Moisturizer, Retinol Cream Serum, and Exfoliator and targets three key areas: barrier repair, brightening, and anti-acne solutions.Powered by Capital Market - Live News

The Derma Co., an active ingredient backed skincare brand from Honasa Consumer, announced a significant milestone, achieving an annual revenue rate of Rs 500 crore. This achievement underscores Honasa Consumers` capabilities to craft and scale new brands with strategic innovations, delivering exceptional skincare solutions to consumers across India.Powered by Capital Market - Live News

The Board of Honasa Consumer at its meeting held on 19 April 2024 has approved the scheme of amalgamation providing for amalgamation of wholly owned subsidiaries of Honasa Consumer namely, Fusion Cosmeceutics (Transferor Company-1) and Just4Kids Services (Transferor Company-2) into and with Honasa Consumer (Transferee Company).Powered by Capital Market - Live News

Honasa Consumer (Mamaearth) announced its entry into the personal wash category. The brand`s expansion into this segment marks a significant milestone in its mission to provide safe, effective, and toxin-free goodness for consumers across the country.Mamaearth Moisturizing Lotion Soaps are Grade 1 soaps with Made-Safe certification in a non-drying formula.Available in 4 variants - Ubtan, Vitamin C, Multani Mitti and Neem, the personal wash category includes a variety of soaps tailored to different skin types and preferences. Powered by Capital Market - Live News

Net profit of Honasa Consumer rose 173.50% to Rs 25.90 crore in the quarter ended December 2023 as against Rs 9.47 crore during the previous quarter ended December 2022. Sales rose 27.75% to Rs 488.22 crore in the quarter ended December 2023 as against Rs 382.16 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales488.22382.16 28 OPM %7.063.09 - PBDT42.7816.91 153 PBT34.7210.65 226 NP25.909.47 173 Powered by Capital Market - Live News