Honasa Consumer shares plummet to 52-week low on Q2 loss

For the July-September period, Mamaearth parent Honasa Consumer reported a 7% year-on-year (YoY) decline in operating revenue at Rs 462 crore. It reported a net loss of Rs 19 crore in the second quarter, compared to a net profit of Rs 30 crore in the same period last year, on the back of its offline distribution restructuring exercise.
Read The Rest at :