Mamaearth posts ₹19.8 cr net profit in FY22, revenue rises 102% YoY

Skincare and beauty startup Mamaearth posted a net profit of ₹19.8 crore on a standalone basis in the financial year 2021-22 as against a loss of ₹1,332 crore in the previous fiscal. The Gurugram-based firm's revenue grew 102% year-over-year to ₹952 crore in the fiscal, as per the filings with the Registrar of Companies (RoC).