Honasa Consumer - the parent firm of D2C brands such as Mamaearth, The Derma Co, and BBlunt - on Friday reported a 62 per cent jump in its quarterly net profit on the back of increased sales and improving margins. In a telephonic interview Varun Alagh, Chairman and CEO, Honasa Consumer discussed with Aryaman Gupta the company’s Q1 performance, festival season plans, challenges, and future plans. Edited excerpts:
What is driving growth?
As we have been growing in scale over the last two or three quarters, we have seen the cost and operating expense efficiencies flowing in, which is